Harry's Pizza Parlor Produced 10,000 Large Pizzas Last Year That

question 10

Multiple Choice

Harry's Pizza Parlor produced 10,000 large pizzas last year that sold for $10 each. This year Harry's produced 11,000 large pizzas (identical to last year's pizzas) but sold them for $12 each. Based on
This information, we can conclude that Harry's production of large pizzas

• A) increased nominal GDP from last year, but real GDP was unaffected.
• B) increased both nominal and real GDP from last year.
• C) increased real GDP from last year, but nominal GDP was unaffected.
• D) did not change either nominal or real GDP from last year.

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Definitions:

Disbanding Corporation

The legal process of dissolving a corporation, concluding its affairs, and liquidating its assets.

Shareholder Objection

A formal expression of disagreement or protest by a shareholder, typically regarding proposed actions or policies of a corporation.

Shareholder List

A document detailing all current shareholders of a company, including their names, contact information, and the number and type of shares owned.

Target Corporations

Organizations that are selected as the focus for various purposes, such as investment, acquisition, or marketing strategy.