Bananaland Produces Only Bananas and Sunscreen and the Quantities and 2013\\
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question 36

Multiple Choice

$\begin{array}{lllll}&\text { Data for } 2012&&\text { Data for } 2013\\\hline\text { Item}&\text{ Quantity}&\text{ Price}&\text{ Quantity }&\text{ Price }\\\hline \text { Bananas } & 100 & \$ 2.00 & 125 & \$ 4.00 \\\text { Sunscreen } & 60 & \$ 5.00 & 75 & \$ 4.00\\\hline\end{array}$
Bananaland produces only bananas and sunscreen and the quantities and prices for 2012 and 2013 are given in the table above.
-The base year is 2012. Nominal GDP in 2013 is equal to

• A)$625.
• B)$500.
• C)$640.
• D)$800.
• E)$200.

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Definitions:

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of values from their average.

Volatility

Measures the degree of variation of a trading price series over time, typically used in financial contexts to indicate the risk of an investment.

Logic Rung Path

A path within a ladder logic diagram that shows the flow and processing of logic from one control element or condition to another.

Parallel Outputs

Outputs that are controlled simultaneously, often used in digital circuits to increase data transfer rates.