Solved

If an Economy Produces 50 Oranges Sold at $1 Each

Question 2

Multiple Choice

If an economy produces 50 oranges sold at $1 each and 100 bananas at $0.50 each, using GDP as the measure of output:


A) oranges are weighted as being 2 times more important than bananas.
B) oranges are weighted as being ½ as important as bananas.
C) bananas are weighted as being 2 times more important than oranges.
D) bananas are weighted as being ½ as important as oranges.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents