Below are some data from the land of milk and honey.

Year Price of Milk Quantity of Milk Price of Honey Quantity of Honey
2014 $1 100 $2 50
2015 $2 200 $3 100
2016 $3 300 $4 150
Compute Nominal GDP for each year.
Compute Real GDP for each year.
Compute the GDP Deflator for each year.

Answers

Answer 1

Answer:

Calculating nominal GDP:

2013: ($1 × 100 ) + ($2 × 50 ) = $200

2014: ($1 × 200 ) + ($2 × 100) = $400

2015: ($2 × 200 ) + ($4 × 100 ) = $800

Calculating real GDP (base year 2013):

2013: ($1× 100 ) + ($2 × 50 ) = $200

2014: ($1 × 200 ) + ($× 100 ) = $400

2015: ($1 × 200 ) + ($2 × 100 ) = $400

Calculating the GDP deflator:

2013: ($200/$200) × 100 = 100

2014: ($400/$400) × 100 = 100

2015: ($800/$400) × 100 = 200Explanation:


Related Questions

What year did the constitutional convention take place?.

Answers

Answer:

May 25, 1787

Explanation:

The Constitutional Convention took place  in Philadelphia  between May and September of 1787 to address the problems of the weak central government that existed under the Articles of Confederation. Some of the delegates  included George Washington, who was elected to preside, James Madison, Benjamin Franklin, James Wilson, John Rutledge, Charles Pinckney, Oliver Ellsworth, and Gouverneur Morris.

hightlight the negative externalities that might occur in south african economy due to the ukraine war​

Answers

Some of the Negative externalities that may occur to South Africa due to the war would be a:

Trade between the warring countries and south Africa would be affected.Food security would be affected.It would lead to an issue in financial security.

What is negative externality?

This is the term that is used to refer to the negative benefits that may get to a different party due to the actions of another party.

The economy of South Africa is going to be affected based on the goods that South AFrica imports from these countries.

Read more on negative externalities here: https://brainly.com/question/1362529

#SPJ1

A government that is preventing physical violence among members of society is fulfilling which purpose of government?.

Answers

Answer:

Maintaining order.

Explanation:

What ritual feast is eaten on the first and second night of passover?.

Answers

Answer:

Seder

Explanation:

This can include efilte fish, matzo ball soup, brisket or roast chicken, potato kugel and tzimmes, carrots and prunes stew as well

HELPPPP PLEASEEE
Population distribution is described according to location and -

amount
density
ethnicity
language

Answers

Population distribution is described according to location and density.

Which of the following factors did NOT contribute to the Roman Empire's decline?
O the rule of Diocletian
O the empire's great size
O changes in Roman society
O the size of Roman armies

Answers

Answer:

A: The rule of Diocletian

Answer:The rule of Diocletian

Explanation:

!!!Someone please help me with this. It’s my last question and I don’t want to get it wrong please help!!!

What is the importance of preparing for a lecture?

A)It helps you determine the value of the lecture as it relates to your learning.

B)It helps you to listen for errors in the speaker's facts or supporting ideas.

C)It helps you focus and find meaning in what you hear.

D)It helps you to stay alert during a lecture

Answers

Answer:

I would say B

Explanation:

I think its right I'm very sorry if its wrong

The following is not a goal included in the goals 2000: educate america act: a. all children in america will start school ready to learn b. the number of high-school graduates will rise to 80 percent or more c. every american adult will be literate d. all schools will promote parents’ participation in their children’s education

Answers

President Bill Clinton signed the "Goals 2000: Educate America Act (P.L. 103-227)" into law on March 31, 1994. The Act provides states and localities with resources to guarantee that all students attain their full potential.

What were the goals of our American education?

In general terms, the purpose of the United States education system is to provide a quality education that will enable all children to reach their full potential as people, serve effectively as citizens of a free society, and participate competitively in a changing global marketplace.

Thus, Option B is the option not included in the goals 2000.

For more information about Educate America Act refer to the link:

https://brainly.com/question/1935518

How was Yosemite changing and how did Ansel Adams respond to this change?

Answers

Answer:

And for most of his life, Yosemite National Park was Adams' chief source of inspiration. Born in San Francisco in 1902, Adams was the grandson of a wealthy timber baron. Unfortunately, most of the family fortune was lost in the 1906 earthquake and the national banking panic the following year

Explanation:

What does the rational basis test require in order to justify government discrimination among groups of people

Answers

Answer:

Proper Government Purpose

Explanation:

Chambliss and Seidman argued that increasing__________tended to call for sanctioning institutions designed to keep order among the conflicting interests.

Answers

Taxes is the answer to this question

Please help. Will mark BRAINLIEST if correct.

What are the similarities and differences between a change in quantity supplied and a change in quantity demanded?​

Answers

Answer: a movement along a demand curve, resulting in a change in quantity demanded, is always caused by a shift in the supply curve.

Explanation:

The ""opium of the people"" idea refers to the theory that religion encourages people to accept their social conditions because rewards await them in the afterlife. please select the best answer from the choices provided t f

Answers

The “opium of the people" idea refers to the theory that religion encourages people to accept their social conditions because rewards await them in the afterlife is true.

What is the opium of the people?

Religion is the opium of the people. This statement is given by Karl Marx.

He said that religion is imposed upon people rather than they emerge their own thoughts.

By the statement, he means that, religion act as a drug in the exploitation they face.

People think that they are receiving pain because, after death, they will get gifts for suffering pain.

Thus, the given statement is true.

Learn more about the opium of the people

https://brainly.com/question/20064870

Answer: answer is true :)

Explanation:

Jerome is a member of gen x, while his coworker aleah is a member of gen y. aleah is more likely than jerome to:_________.
i. be impressed by titles.
ii. understand technology.
iii. seek continuous feedback.
iv. seek a flexible schedule.
v. prefer a more professional environment.

Answers

Answer:

Iv seek a flexible schedule.

3. How did Ben’s life change after the start of World War II? ________________________________________________________________________________________________________________________________________

Answers

Answer:

He was adopted by this wonderful family and he got older and went on with his happily ever after life

Please help me on this it’s due now

Answers

Answer:

Cleopatra loses Egyptian throne to brother

Cesar restores Cleopatra to Egyptian throne

Cleopatra marries Mark Anthony

Octavian defeats Mark Anthony at Battle of Actium

Ptolemaic Dynasty ends with Cleopatra's death

After the death of her father, Cleopatra became the queen of Egypt alongside her younger brother.

Who was Cleopatra ?

However, she was soon forced to flee Egypt and went to Rome, where she met Julius Caesar. With his help, she was able to regain the throne and rule alongside her brother. Following Caesar's assassination, Cleopatra formed an alliance with Mark Antony and they eventually became lovers and got married. Together, they attempted to form an alliance and fight against Octavian, who was Caesar's adopted son and the new ruler of Rome.

However, their efforts were unsuccessful, and Octavian defeated them at the Battle of Actium. After the defeat, Antony and Cleopatra fled back to Egypt, where they eventually committed . With their deaths, the Ptolemaic dynasty came to an end, and Egypt became a province of Rome. Despite the controversial nature of Cleopatra's reign, she is remembered as one of the most powerful and influential women in history

The correct chronological order for the events listed would be as follows:

Caesar restores Cleopatra to Egyptian throne

Cleopatra marries Mark Antony

Cleopatra loses Egyptian throne to brother

Octavian defeats Mark Antony at Battle of Actium

Ptolemaic dynasty ends with Cleopatra's death

Learn more about Cleopatra here

https://brainly.com/question/29467026

#SPJ7

what was the primary reason for the british to pass these acts?

Answers

Answer: The acts regulated trade and commerce in the colonies and were passed to help pay off the debt that the British government had incurred during the French and Indian War. The colonies resented the acts and felt they were a blatant attempt to make money off the colonies.

Explanation:

N*geria has vast oil reserves, but it has very few other natural resources or industries. Because of this N*geria trades oil for other necessities the country needs.

Answers

Answer:

Tax imports

Explanation:

Earth’s tilt causes each hemisphere to receive different amounts of __________.
A.
energy from the Sun
B.
water from the oceans
C.
wind from the atmosphere
D.
life from the biosphere

Answers

Answer:

Energy from the sun.

Explanation:

Hope this helped! Have a nice day!
Please give Brainliest when you can!

- Jaron

Answer:

Your answer would be:
A.) Energy from the sun



The earth is situated on a slight tilt which both increase and decrease its distance from the sun. This tilt alters the amount of light around the globe during certain times of the year. During the winter in the northern hemisphere, the northern hemisphere is facing more upwards creating less sunlight.


However, when the earth reaches its revolution on the other side of the sun, it will be facing downwards which allows more sunlight and warmth during the summer for the northern hemisphere.





Explanation:

Have a great rest of your day
#TheWizzer

Which of the Earth’s spheres is composed of all the water on the planet, including oceans, seas, and rivers?
A.
the hydrosphere
B.
the atmosphere
C.
the biosphere
D.
the lithosphere

Answers

The answer is A. Hope that helps

Kennedy convinced congress to invest more funds in:.

Answers

Answer:

Defense and space exploration

Muslim women who remain single in Malaysia speak in terms of __________, the soul mate one finds through fate at a time appointment by God.

Answers

In malaysia, the muslim women speaks in Jodoh term who is believed to be a soul mate that one finds through fate at a time appointment by God.

What is Jodoh in Malay language?

In terms of relationship, the term "Jodoh" means that a lady must be careful in choosing of her life partner.

Hence, the muslim women who were single speaks in Jodoh term who is believed to be a soul mate that one finds through fate at a time appointment by God.

Therefore, the Option B is correct.

Missing word "a. cinta b. jodah c. satu d. kami"

Read more about relationship

brainly.com/question/26152883

If your report is supposed to convince your school’s principal to change a school rule, what should include in your draft?

what your parents have said the rule

examples of how the rule harms students

reasons why you don’t like the rule

names of friends of yours who also don’t like the rule



please hurry

Answers

Answer:

examples of how the rule harms students

reasons why you don’t like the rule

names of friends of yours who also don’t like the rule

before you enter it in how many can you choose

Explanation:

How did wealthy coastal planters in South Carolina influence events during the American Revolution?

Answers

may i see an upload of the question?

Acceptable websites to use include those that

a. are personal web pages.
b. contain a % sign in the domain name.
c. give a lot of opinions, but not many facts.
d. stay with the facts and strong .

Answers

Answer:

D. Stay with the facts and strong

Answer:

D. Stay with the facts and strong

Explanation:

Websites should be factual since people are trying to learn from them, unless they are blog posts.


I hope it helps! Have a great day!

bren~

HELP PLEASE THIS IS EASY ITS FREE PONTS LOL

Answers

Direction, theres an arrow..
Direction??
Cause it says pointing lol don’t blame me if I’m wrong

Identify the statements that describe the temperance movement.

Answers

Temperance movement helps to curb excessive drinking of alcohol.

What is temperance movement?

Temperance movement was a movement that started in 1800s in the United states.

The movement happened to reduce the rate at which individual drinks alcohol and to reduce the damage and the harmful effects of excessive consumption of alcohol.

Therefore, Temperance movement helps to curb excessive drinking of alcohol.

Learn more on temperance movement here,

https://brainly.com/question/2724002

Conformity to peers peaks in grades Multiple Choice six to seven. seven to eight. eight to nine. nine to ten.

Answers

Studies revealed that teen's conformity to peers peaks in the eighth and ninth grade.

What is peer conformity?

This means the social influence that changes individual's belief or behavior in order to match the expectations of the society majorities.

Some example of peer conformity that peaks in ninth grade includes adoption of attitudes and behaviors due to real/imagined pressure.

Therefore, the Option C is correct.

Read more about peer conformity

brainly.com/question/24818305

please help me please

What textual evidence did you use to choose the text structure theauthor used to write the passage?

why do you think the author chose this text structure to organize and present information about the topic?

article is called School Bus Strike Hurt Kids With Disabilities Most by readworks

Answers

I was not able to get to the full article, but I hope this helps your question.

The textual evidence which I can use to choose the text structure the author used to write the passage is:

"In January 2013, the four-week school bus drivers’ strike in New York City affected many people, especially students with serious disabilities. These children weren’t able to get to school without buses."

The text structure used is cause and effect.

The reason the author chose this text structure to organize and present information about the topic is to show the effect of the bus strike on both the disabled school kids and their contract therapists.

What is the most commonly spoken language in the middle east?.

Answers

Answer:

Arabic is most commonly spoken language in the middle east

Answer:

the answer is Abric I hope you get it right

Other Questions
Please help! Ill give Brainlyest. Thank you! HELP PLS EXPLAIN THIS TO ME Gabriel planned a vegetable garden. Use the scale and the scale drawing to complete the following statements.The length of the garden is meters.The width of the garden is meters.If the scale changes to 1 cm : 9 meters, the new length of the garden is meters and the new width of the garden is meters.The new length of the garden is times as long as the original length of the garden. Find the area of the figure.(Sides meet at right angles.) HELP ME RIGHT NOW!!List 5 facts described in the film that was impressed you. a motorboat travels a distance of one pier to another pier in 4 hrs and the way back in 5 hrs. What is the speed of the boat in still water if it travels 70 km with the current in 3.5 hrs? Read the excerpts from the two articles on sea otters.Article ASea otters live in the chilly Northern Pacific Ocean and spend almost all their lives in the water. They sleep, hunt, groom, mate, and give birth in the ocean, where they float on their backs on the water's surface. Adult sea otters spend more than a third of their day grooming their fur. This isn't for vanity; it's for survival. Unlike most sea mammals, sea otters do not have an inner layer of fat to protect them from the cold water. These creatures rely on their dense fur to protect them from the low temperatures. Sea otters have one of the thickest furs in all of the animal kingdom. An adult sea otter's coat can contain up to 1 billion individual hairs! These hairs form a protective, waterproof layer, which traps air and provides insulation. It is crucial that a sea otter's fur is kept clean to maintain this insulating layer between the water and their skin.Article BOil spills from off-shore drilling and shipping are also an immense threat to sea otters. Sea otters are dependent on their thick fur to keep them warm. Its unique structure traps air that insulates their bodies from the cold water. When an otter's fur is covered in oil, it can no longer keep the otter warm. This can cause hypothermia and even death. If the otter tries to clean its fur, it will ingest the oil, which is poisonous. In 1989, the Exxon Valdez hit a reef in Alaska. The ship spilled over ten million gallons of oil into the ocean. The U.S. Fish and Wildlife Service believes that anywhere from 4,000 to 10,000 otters died due to this oil spill.How are the authors' points of view different in these excerpts? Article A focuses on the importance of the sea otter grooming its fur, but Article B shows that the sea otter's grooming habits endanger it when the water is not clean. Article A explains that adult sea otters spend more than a third of their day grooming, but in Article B, the author explains that adults spend most of their day caring for their young. Article A highlights the different reasons the sea otter's fur must be clean, and Article B highlights the actual process sea otters use to keep their thick coats clean and healthy. Article A focuses on how the sea otter's fur can harm the animal, while Article B focuses on how the sea otter's fur can protect it from oil spills and other water pollution. Can someone help me with this, I got 115 from 180-65 is this right? Proper positioning of a residen can accomplish all the followings except Explain 3 sources of carbon dioxide production and explain how the production of CO2 can lead to global warming. would like some help The topic sentence of a serves the purpose of A. providing details about the paragraph B. showing the key point of the entire paragraph C. supporting the opinions of the writers of the paragraph D. taking the reader through the facts of the paragraph (critical thinking) One way in which the reality of communism in the Soviet Union differed from Karl Marxs theory was thata.the society created was completely classless.b.workers did not benefit from communism, but rather suffered.c.religion was eliminated.d.none of the above. what statement about the cell membrane is true? If a 50.00 mL of 0.0155 M HI(aq) is mixed with 75.00 mL of 0.0106 M KOH(aq), what is the pH of the final solution PLS ANSWER ALL, THANK YOU!In the blank at the left, write the letter of the choice that best completes the statement or answersthe question.7 Points___ 1. To avoid the concentration of power, the states divided government functions between the_?_.A. people and the governorB. people and legislatureC. governor and the presidentD. governor and the legislatureContinue on next page.___ 2. Under most state constitutions, which government branch was most powerful?A. the judicial branchB. the legislative branchC. the executive branchD. none___ 3. Which of these functions could the national government not perform under the Articles ofConfederation?A. conduct foreign affairsB. impose taxesC. maintain armed forcesD. issue currency___ 4. How many states had to approve the Articles of Confederation?A. 13B. 9C. 11D. 10___ 5. What area did the ordinance passed in 1787 create?A. Mississippi River valleyB. AppalachiaC. Northwest TerritoryD. Ohio River valley___ 6. When could a territory apply for statehood?A. when it abolished slaveryB. when it elected a governorC. when it wrote a constitutionD. when its population reached 60,000___ 7. How did Robert Morris propose to pay off the national debt left over from fighting theRevolutionary War?A. 5 percent state sales taxB. 5 percent import taxC. 5 percent national income taxD. 10 percent inflation tax What did you lie about?Did you get caught?Did you confess? How did this situation make you feel? What is one way the current atomic model differs from the Bohr model? Please help me solve this question, I will mark brainly.Andrew bought a computer costing #150000. How much will the same computer cost in 3 years time if the rate of inflation is 12% per annum. Which of the following excerpts from Diamonds article best sets the groundwork for his argument from precedent?A. But before we let ourselves get depressed, we should also remember that there is another long list of cultures that have managed to prosper for lengthy periods of time B. Pitcairn, the uninhabited island settled in 1790 by the HMS Bounty mutineers, had actually been populated by the Polynesians 800 years earlier C. There was also the ancient Fertile Crescent societies, the Khmer at Angkor Wat, the Moche society of Peru - the list goes on. D. Today, despite having the highest human population density of any large developed country, Japan is more than 70 percent forested I don't understand this