Assume the price of beer is $4, the price of pizza is $10 and the consumer's income is $250. Which consumption bundle will NOT be the consumer's choice?

If nominal GDP increases by 5 percent a year and the GDP price index rises by 2 percent a year, then real GDP increases by ________

A. 7 percent a year B. 3 percent a year C. 2.5 percent a year D. 10 percent a year

In sequential games,

a. Players take turns, and each player observes what his or her rival did before having to move b. Players take turns, but each player does not observe what his or her rival did before having to move c. Players move at the same time d. None of the above