Use the Following to Answer Questions

question 13

Multiple Choice

Use the following to answer questions:
-(Table: Lemonade and Cookies) Use Table: Lemonade and Cookies. Assume that an economy produces only lemonade and cookies. The growth of nominal GDP from 2013 to 2014 was due to approximately a _____% increase in prices and approximately a _____% increase in aggregate output.

• A) 11.25; 0
• B) 0; 45
• C) 5; 11.25
• D) 6.25; 5

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Definitions:

Political Affiliation

An individual's alignment or support for a particular political party or ideology.

Electrical Connectors

Devices that join electrical circuits together, allowing electricity to flow from one element to another.

Supplier B

A reference to an unnamed second supplier in a given context, possibly in comparison to other suppliers.

Defective

Referring to a product or item that has a flaw or fault that prevents it from functioning correctly or as intended.