Nominal GDP is $12.1 trillion and real GDP is $11.0 trillion. The GDP price index is

A) 90.1.
B) 121.
C) 1.10.
D) 91.0.
E) 110.

E

Economics

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Based on the data in the above table, at what level of output does the marginal cost start to rise at Jefferson's Cleaners?

A) 45 suits per day B) 47 suits per day C) 74 suits per day D) 85 suits per day

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The internet auction site eBay is an example of a(n)

A) Sealed Bid Auction. B) Second-Price Auction. C) English Auction. D) Both A and B.

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