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

Author Question: For the following question(s), suppose an economy produces only pens and pencils, and that the ... (Read 37 times)

karateprodigy

  • Hero Member
  • *****
  • Posts: 550
on: Jan 2, 2020
For the following question(s), suppose an economy produces only pens and pencils, and that the quantity and price data is given by this table:

​PensPencils
Year 1 quantity1510
Year 1 price$12$12
Year 2 quantity1712
Year 2 price$14$15

What is the real GDP in year 1 using base year 2?
◦ $338.
◦ $360.
◦ $300.
◦ $294.
◦ $418.
Macroeconomics, Canadian Edition ¦ Williamson ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by karateprodigy on Jan 2, 2020

amandanbreshears

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jan 2, 2020
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 49% of students answer this correctly


karateprodigy

  • Member
  • Posts: 550
Reply 2 on: Jan 2, 2020
YES! Correct, THANKS for helping me on my review

Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

How to solve a linear system when the variable is in the denominator position (Question 2 of 2) How to solve a linear system when the variable is in the denominator position (Question 2 of 2)
Slope Question Slope Question
question...... question......
economic question economic question
economic question economic question
Hi i really need help clarifying this question T^T Hi i really need help clarifying this question T^T
Video: Structures that affect circulation - heart and MABP

For a complete list of videos, visit our video library