Gelato ice cream maker shows the following on its balance sheet: revenue $200M, wages $100M, milk expenses $50M, strawberry purchases $5M, and taxes $25M. What is Gelato's contribution to GDP using the income approach?

Which of the following statements is true?

A) A bar chart can only be used to represent independent variables. B) A bar chart does not allow for the comparison of a single variable across many segments. C) A bar chart has many limitations in comparison to pie charts. D) A bar chart indicates the frequency of a variable by using rectangles of different heights or lengths.

An increase in the supply of money will lead to a(n)

A) increase in equilibrium real GDP and an increase in equilibrium price level. B) increase in equilibrium real GDP and a decrease in equilibrium price level. C) decrease in equilibrium real GDP and an increase in equilibrium price level. D) decrease in equilibrium real GDP and a decrease in equilibrium price level.