Use the following table to answer the next question. The base year is 2007. Hot DogsBaseballsBottles of SodaYearPriceQuantityPriceQuantityPriceQuantity2005$2.00100$5.0050$2.0010020064.001005.001002.0015020076.001005.001002.0020020088.001508.002004.00200200910.0020010.002004.00250Real GDP (constant dollars) for 2005 equals ________.

A. $1500
B. $1050
C. $650
D. $100

Answer: B

Economics

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Modern terrorism overturns the central assumption of the Westphalian system that says only

a. democracies can provide a lasting form of power. b. weapons of mass destruction actually maintain peace. c. states have the military force to create serious security threats. d. economic inequality pits private citizens against one another.

Economics

When does a surplus occur?

What will be an ideal response?

Economics