Msoy the t ng four goos shoes hanburgers hi and con Futher e s rod 2012 tti 2 tacs 2021 tce Product Shoes Hambur Quanity Quanty 100 Price Price Quanity Price 050.00 3.00 35.00 .00 100 500 120 3.00 130 75 11.000 350 3000 S 00 12.000 3000 Cuon 12.000 he bee year is the year 2012. then real GOP for 2000 equal nd your anwer he neret penny and he rel GOP for 2001 guas nd your anrthe ape The annu) growth rate real GOPin 2001 ter your pon peentge undede dma pe
Msoy the t ng four goos shoes hanburgers hi and con Futher e s rod 2012 tti 2 tacs 2021 tce Product Shoes Hambur Quanity Quanty 100 Price Price Quanity Price 050.00 3.00 35.00 .00 100 500 120 3.00 130 75 11.000 350 3000 S 00 12.000 3000 Cuon 12.000 he bee year is the year 2012. then real GOP for 2000 equal nd your anwer he neret penny and he rel GOP for 2001 guas nd your anrthe ape The annu) growth rate real GOPin 2001 ter your pon peentge undede dma pe
Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter16: Externalities, The Environment, And Natural Resources
Section: Chapter Questions
Problem 2DQ
Related questions
Question
![uppose the rtomahon in the ulowing tatletra smple sconomy that produces only the fowng four goods shoes, hanburgers shins, and coon Furher amethat al of he cn isett prode sherte
2012 Statietics
2020 Staetios
2021 Statice
Quanity
100 M5 00
136
75
13.000
Product
Ouantity
10 0.00
Price Quantity
Price
Price
Shoes
100 0.00
120
Hanburgers
Shita
300
35.00
3.00
30.00
3.50
00
30.00
Cotton
12.000
12.000
if the base year is the year 2012. then realGDP for 2000 equasS nd your anwer o the nearest penny) and th rel GDP for 2021 oguals nd your anwr to the neat pen
b. The annua) growth rate of real GDP in 2021 is s. (Enter your reponse aa percentege rounded to teo decimal places)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe780fda3-6c31-4d7c-afb5-94cc4f481c20%2Fcca6daee-4011-4afb-9386-01695f9f4fb6%2Fun829km_processed.jpeg&w=3840&q=75)
Transcribed Image Text:uppose the rtomahon in the ulowing tatletra smple sconomy that produces only the fowng four goods shoes, hanburgers shins, and coon Furher amethat al of he cn isett prode sherte
2012 Statietics
2020 Staetios
2021 Statice
Quanity
100 M5 00
136
75
13.000
Product
Ouantity
10 0.00
Price Quantity
Price
Price
Shoes
100 0.00
120
Hanburgers
Shita
300
35.00
3.00
30.00
3.50
00
30.00
Cotton
12.000
12.000
if the base year is the year 2012. then realGDP for 2000 equasS nd your anwer o the nearest penny) and th rel GDP for 2021 oguals nd your anwr to the neat pen
b. The annua) growth rate of real GDP in 2021 is s. (Enter your reponse aa percentege rounded to teo decimal places)
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