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Katie Bobby -The Above Table Shows the Marginal Benefit from Submarines for Benefit

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Katie Bobby
Katie Bobby    -The above table shows the marginal benefit from submarines for the only two citizens of a country. Suppose submarines cost $175 a piece. Politician A proposes 2 submarines while politician B proposes 4. Assuming that both Bobby and Katie pay one half of the resulting taxes and neither is rationally ignorant, which politician will win the election? A)  A because she offers voters a lower tax bill. B)  A because she offers voters a greater net benefit. C)  B because she offers voters a greater total benefit. D)  B because she offers voters more submarines.
-The above table shows the marginal benefit from submarines for the only two citizens of a country. Suppose submarines cost $175 a piece. Politician A proposes 2 submarines while politician B proposes 4. Assuming that both Bobby and Katie pay one half of the resulting taxes and neither is rationally ignorant, which politician will win the election?

Explain why certain productions are excluded from the GDP calculations.
Understand concepts of nominal versus real values in the context of GDP.
Calculate real and nominal GDP using given data.
Analyze the effects of international transactions on a country's GDP.

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