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 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:

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:

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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

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,

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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

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:

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

Answers

may i see an upload of the question?

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:

HELPPPP PLEASEEE
Population distribution is described according to location and -

amount
density
ethnicity
language

Answers

Population distribution is described according to location and density.

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.

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:

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

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

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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

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

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Kennedy convinced congress to invest more funds in:.

Answers

Answer:

Defense and space exploration

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~

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.

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:

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

Answers

Answer:

Maintaining order.

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

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.

!!!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

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

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

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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

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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:

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

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Answer: answer is true :)

Explanation:

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

Answers

Answer:

Proper Government Purpose

Explanation:

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

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