The table above gives the production and prices for a small nation that produces only bread and soda. The base year is 2010. What is real GDP in 2010?

A) $530
B) $1080
C) $510
D) $210
E) $300

C

Economics

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Based on the table above which shows Chip's costs, if Chip shuts down in the short run, his total cost will be

A) $0. B) $1,000. C) $1,200. D) $4,000.

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Refer to the information above. Net investment becomes more unstable if j ________ and v* ________

A) rises, rises B) rises, falls C) falls, rises D) falls, falls

Economics