Answer the next question on the basis of the following information: Three goods are produced in an economy in the following amounts: A = 10, B = 30, C = 5. The current year per unit prices of these three goods are A = $2, B = $3, and C = $1.If the per unit prices of the three goods were each $1 in a base year used to construct a GDP price index, then real GDP in the current year is ________.

Dumping is the sale of a product in a foreign market:

A. At a price below its domestic price or cost of production B. That does not meet the quality standards in the domestic market C. And is the principal means used to enforce nontariff barriers D. And is encouraged by voluntary export restraints

The likelihood ratio statistic is given by:

A. LR = (log-likelihoodunrestricted + log-likelihoodrestricted) B. LR = 2 × (log-likelihoodunrestricted + log-likelihoodrestricted) C. LR = (log-likelihoodunrestricted- log-likelihoodrestricted) D. LR = 2 × (log-likelihoodunrestricted- log-likelihoodrestricted)