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. Assuming 2013 was the base year, the growth rate of real GDP from 2013 to 2014 was:
A) 5%.
B) 10%.
C) 11.25%.
D) 20%.
Correct Answer:
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Q165: Consider an economy that produces only DVDs
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Q173: Consider an economy that produces only DVDs
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Q176: Chained dollars:
A)is money that banks are required
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