This topic contains a solution. Click here to go to the answer

Author Question: ________ gross domestic product is the value of ________ linked back to the prices of a single year. ... (Read 86 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
________ gross domestic product is the value of ________ linked back to the prices of a single year.
 
  A) Real; total production
  B) Real; production possibilities
  C) Productivity; the consumer price index
  D) Nominal; total production

Question 2

Suppose a drought increased the price of corn by 25 percent while it decreased the quantity by 50 percent. The price elasticity of demand equals
 
  A) 2.00.
  B) 0.50.
  C) 20.0.
  D) zero.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sassygurl126

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

A

Answer to Question 2

A




s.tung

  • Member
  • Posts: 577
Reply 2 on: Jun 29, 2018
:D TYSM


fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library