Use the following to answer questions :
Table: Lemonade and Cookies
-(Table: Lemonade and Cookies) Look at the table Lemonade and Cookies. Assume that an economy produces only lemonade and cookies. If 2013 is the base year, real GDP in 2013 was:
A) $400.
B) $420.
C) $425.
D) $445.
Correct Answer:
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Q164: Consider an economy that produces only DVDs
Q172: Use the following to answer questions :
Q173: Consider an economy that produces only DVDs
Q173: Use the following to answer questions :
Table:
Q175: Use the following to answer questions :
Table:
Q175: Use the following to answer questions :
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Q176: Chained dollars:
A)is money that banks are required
Q178: Use the following to answer questions :
Table:
Q181: If nominal GDP increases from one year
Q182: A country's living standard is best measured
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