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

Author Question: Table 8-2 Refer to Table 8-2.Suppose that a simple economy produces only four goods and services: ... (Read 131 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
on: Mar 16, 2019

Table 8-2







Refer to Table 8-2.  Suppose that a simple economy produces only four goods and services: shoes, DVDs, tomatoes, and ketchup. Assume one half of the tomatoes are used in making the ketchup and the other half of the tomatoes are purchased by households. Using the information in the above table, nominal GDP for this simple economy equals


◦ $7,400.
◦ $6,400.
◦ $5,800.
◦ 2,440 units.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Themember4 on Mar 16, 2019

ebe

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


Themember4

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Mar 16, 2019
TY


ebe

  • Sr. Member
  • ****
  • Posts: 320
Reply #3 on: Mar 16, 2019
You're welcome


« previous next »
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

The Periodic Table (Part 1) The Periodic Table (Part 1)
Periodic Table Periodic Table
Life Table Life Table
A patient examination room should be simple and efficiently designed. A patient examination room should be simple and efficiently designed.
A simple diagram of bone marrow progenitors. All of the cells listed can be transformed to become a ... A simple diagram of bone marrow progenitors. All of the cells listed can be transformed to become a ...
Beezus is planning on freelancing their tutoring services to save up for the new commercial ... Beezus is planning on freelancing their tutoring services to save up for the new commercial ...
Video: Barriers - eye structures, digestive mucosa, respiratory mucosa & genitourinary mucosa

For a complete list of videos, visit our video library