In the figure above, Gap maximizes its profit if it charges ________ per jacket

The drawback to calculating real GDP using base-year prices is that

A) relative prices change over time and these are not reflected in base-year prices, and this distorts GDP. B) quality changes are reflected in base-year prices. C) relative prices change over time and these changes are reflected in base-year prices. D) real GDP in one year is not comparable to real GDP in another year.

Which of the following did not occur during the early years of the Great Depression?

(a) Marriage rates fell. (b) Birth rates fell. (c) Divorce rates increased. (d) Actually, all of the above occurred.