A sudden expectation of future appreciation of the dollar causes funds to flow __________ the United States and the dollar to actually __________

The table gives data on the production and prices in a small economy. Use 2012 as the base period

a. What does nominal GDP equal in 2012? b. What does real GDP equal in 2012? c. What does nominal GDP equal in 2013? d. Using the chained-price method, what does real GDP equal in 2013?

The Farm Factory, a booth at the local Farmer's Market, sells fresh eggs for $1.50 per dozen and fresh milk for $2.50 per gallon. What is the opportunity cost of buying a gallon of milk?

A) 3/5 of a dozen eggs B) $1.50 C) 1 2/3 dozen eggs D) $2.50