Lou and Alex live together and share household chores. They like to cook some meals ahead of time and eat leftovers. The table below shows the number of rooms they can each clean and the number of meals they can each cook in an hour. Rooms CleanedPer Hour Meals CookedPer HourLou54Alex33For Alex, the opportunity cost of cleaning one room is making ________ meal(s); for Lou the opportunity cost of cleaning one room is making ________ meal(s).

Suppose the price of coffee is $3 each, the price of bagels is $2 each and a person's budget is $40. The relative price of coffee is

A) 1.5 bagels. B) 2/3 of a bagel. C) 13.33 bagels. D) 20 bagels.

Gross domestic product calculations count only final goods and services because:

A. these are the only goods and services that are purchased in an economy. B. counting all goods and services would lead to double-counting of many activities. C. it is difficult to measure the prices of intermediate goods produced. D. one cannot calculate the quantities of intermediate goods produced.