This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: ________ gross domestic product is the value of ________ linked back to the prices of a single year. ... (Read 61 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jun 29, 2018
________ 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
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


s.tung

  • Member
  • Posts: 577
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

For linked genes, recombinant frequencies are less than 50 percent For linked genes, recombinant frequencies are less than 50 percent
The gaping hole in the destroyer USS Cole, in the port of Aden, Yemen, was the work of suicide bombe The gaping hole in the destroyer USS Cole, in the port of Aden, Yemen, was the work of suicide bombe
Importance of Considering Gestalt Principles in Product Design (2 of 2) Importance of Considering Gestalt Principles in Product Design (2 of 2)
Chinese new year 2023 Chinese new year 2023
Ancient fossilized single-celled organisms Ancient fossilized single-celled organisms
The cat came back The cat came back
Video: Energy sources - types

For a complete list of videos, visit our video library