The Table Below Shows the Total Output and Prices for an Economy

question 85

Multiple Choice

The table below shows the total output and prices for an economy that produces only two goods,potatoes and oil.Data is provided for the years 2008 and 2018. Quantities Produced Prices TABLE 20-6
Refer to Table 20-6.What is the real GDP for 2018 if 2008 is the base year?

• A)$6750
• B)$7975
• C)$9000
• D)$10 500
• E)$20 100

Understand how to manage sales tax within QuickBooks.

Learn the sequence of business activities as they relate to purchasing and inventory management in QuickBooks.

Understand the sequence of business activities in QuickBooks and identify subsequent actions.

Recognize the entities considered as vendors in QuickBooks and differentiate them from other types of QuickBooks entities.

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Definitions:

Computer Depiction

Describes the representation or illustration of objects, data, or processes via computer graphics and visualization techniques.

Simulation

The use of models or virtual environments to imitate real-life processes, situations, or environments for training, testing, or research purposes.

Avatars

Computer depictions of trainees, which the trainees manipulate in an online role-play.

Internship

On-the-job learning sponsored by an educational institution as a component of an academic program.