Kaleo’s government is working to protect forest lands and thereby preserve the health of its nation’s watersheds. What is Kaleo’s government investing in?

Bananaland produces only bananas and sunscreen and the quantities and prices for 2012 and 2013 are given in the table above. Between 2012 and 2013, which grew more rapidly, nominal GDP or real GDP?

A) Real GDP grew more rapidly. B) Both grew at the same rate. C) Nominal GDP grew more rapidly. D) Because real GDP and nominal GDP use different prices, it is not possible to determine which grew most rapidly. E) More information is needed to determine which grew more rapidly.

To restrict a firm's monopoly power, why can't antitrust authorities just set a floor or a ceiling in the market?

What will be an ideal response?