if an economy produces 50 oranges sold at $1 each and 100 bananas at $0.50 each, using GDP as the measure of output: a. oranges are weighted as being 2 times more important than bananas. b. oranges are weighted as being 1/2 as important as bananas. c. bananas are weighted as being 2 times more important than oranges. d. bananas are weighted as being 1/2 as important as oranges.

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter5: Measuring A Nation's Income
Section5.2: The Measurement Of Gdp
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if an economy produces 50 oranges sold at $1 each and 100 bananas at $0.50 each, using GDP as the measure of output: a. oranges are weighted as being 2 times more important than bananas. b. oranges are weighted as being 1/2 as important as bananas. c. bananas are weighted as being 2 times more important than oranges. d. bananas are weighted as being 1/2 as important as oranges.
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