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

Author Question: Calculating Real GDPYearQuantity of TweezersPrice of TweezersQuantity of PillowsPrice of ... (Read 47 times)

Aimless0988

  • Full Member
  • ***
  • Posts: 158
on: Nov 23, 2022
Calculating Real GDP


YearQuantity of TweezersPrice of TweezersQuantity of PillowsPrice of PillowsQuantity of BicyclesPrice of Bicycles
155​$3​45​$25​4​$525​
290​8​45​38​8​825​
3105​9​65​46​13​1050​
Refer to the table. A small economy produces three goods: tweezers, pillows, and bicycles. The quantities produced and their corresponding prices for years 1, 2, and 3 are shown in the table. What is real GDP in Year 2, using Year 1 as the base year?
◦ $5595
◦ $5450
◦ $3390
◦ $9030
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Aimless0988 on Nov 23, 2022

Marys

  • Full Member
  • ***
  • Posts: 171
Reply #1 on: Nov 23, 2022
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 35% of students answer this correctly


Aimless0988

  • Member
  • Posts: 158
Reply 2 on: Nov 23, 2022
Wow, this really help

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
Part A - Calculating the expected number of each phenotype Part A - Calculating the expected number of each phenotype
Calculating Growth Percentiles Calculating Growth Percentiles
Calculating Recommended Fat Intake Calculating Recommended Fat Intake
Real skeleton of a lion Real skeleton of a lion
Video: Brain Lobes Animation

For a complete list of videos, visit our video library