Refer to the Information Provided in Table 21

question 161

Multiple Choice

Refer to the information provided in Table 21.10 below to answer the question(s) that follow.
Table 21.10
-Refer to Table 21.10. Assume that this economy produces only two goods Good X and Good Y. If year 1 is the base year, the value for this economy's GDP deflator in year 2 is

• A) 84.5.
• B) 92.4.
• C) 105.0.
• D) 108.2.

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Definitions:

Mixture

A physical combination of two or more substances in which each substance retains its own chemical identity and properties.

Alloy

A substance made by melting two or more elements together, at least one of them a metal, resulting in a material with characteristics different from the individual components.

Metallic Elements

Elements that are good conductors of heat and electricity, have a shiny appearance, and are malleable and ductile.

Homogeneous Mixture

A mixture in which the composition is uniform throughout, such as solutions where the solute is completely dissolved in the solvent.