For the Following Question(s), Suppose an Economy Produces Only Pens

question 14

Multiple Choice

For the following question(s) , suppose an economy produces only pens and pencils, and that the quantity and price data is given by this table:

-What is the real GDP in year 2 using base year 1?

• A) $418
• B) $300
• C) $360
• D) $338
• E) $294

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Definitions:

Blood Collection Tube

a sterile tube used for the collection, transport, and processing of blood samples for laboratory testing.

Blood Smear

A laboratory test where blood is spread on a slide and stained to examine the blood cells under a microscope, helping in the diagnosis of blood disorders.

Sharps Container

A puncture-resistant and leak-proof container designed specifically for the disposal of sharp objects, such as needles and scalpels.

Anticoagulant

A substance that prevents blood from clotting, used in medical treatment to prevent blood clots from forming or growing larger.