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

Author Question: Table 8-18 A very simple economy produces three goods: cameras, legal services, and books. The ... (Read 68 times)

notis

  • Hero Member
  • *****
  • Posts: 596
on: Mar 16, 2019

Question 1

Table 8-17








A very simple economy produces three goods: movies, burgers, and bikes. The quantities produced and their corresponding prices for 2011 and 2016 are shown in the table above. 






Refer to Table 8-17. What is real GDP in 2016, using 2011 as the base year?


◦ $3,320
◦ $3,690
◦ $6,360
◦ $7,035

Question 2

Table 8-18








A very simple economy produces three goods: cameras, legal services, and books. The quantities produced and their corresponding prices for 2011 and 2016 are shown in the table above. 






Refer to Table 8-18. What is real GDP in 2016, using 2011 as the base year?


◦ $28,885
◦ $11,790
◦ $11,200
◦ $10,275
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 notis on Mar 16, 2019

meryzewe

  • Sr. Member
  • ****
  • Posts: 346
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


notis

  • Hero Member
  • *****
  • Posts: 596
Reply #2 on: Mar 16, 2019
Excellent


meryzewe

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Mar 16, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Faulty outlooping produces lambda phage containing bacterial DNA Faulty outlooping produces lambda phage containing bacterial DNA
A simple motif, the β-α-β loop A simple motif, the β-α-β loop
Blank periodic table Blank periodic table
Important Human Viral Table Important Human Viral Table
Secondary response begins more rapidly after exposure to antigen, produces more antibodies, and ... Secondary response begins more rapidly after exposure to antigen, produces more antibodies, and ...
Free energy diagrams for the simple reaction A ----> B Free energy diagrams for the simple reaction A ----> B
Video: Carbohydrate Metabolism: Introduction to renal processes and filtrate formation and composition

For a complete list of videos, visit our video library