The Table Given Below Lists the Price Per Unit and Output

question 18

Multiple Choice

The table given below lists the price per unit and output of computers and calculators (the only two goods produced by a nation) for the years 1995 and 2003.
Table 5.6
$\begin{array}{c}\quad\quad\quad\quad\text { Production Data }\\\quad\quad\quad\quad\quad\text { Prices per Unit } \quad\quad \text { Quantity }\\\begin{array}{|c|l|l|c|c|}\hline \text { Production } & \mathbf{1 9 9 5} & \mathbf{2 0 0 3} & \mathbf{1 9 9 5} & \mathbf{2 0 0 3} \\\hline \text { Computers } & \$ 2,000 & \$ 1,600 & 100 & 100 \\\text { Calculators } & \$ 60 & \$ 70 & 900 & 900 \\\hline\end{array}\end{array}$
-Refer to Table 5.6. What is the constant-dollar real GDP growth from 1995 to 2003 using 2003 as the base year?

• A) 50 percent
• B) zero percent
• C) -75 percent
• D) 100 percent
• E) 14 percent

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Definitions:

Verbs-not Nouns

A stylistic approach emphasizing action-oriented language to make writing more dynamic and engaging.

Passive Voice

A grammatical construction in which the subject of the sentence is acted upon by the verb, often resulting in a less direct or weaker statement.

Parallel Structure

A grammatical and stylistic technique wherein parts of sentences match in structure, ensuring clarity and balance in writing.

Global Warming

The increase in Earth's average surface temperature due to rising levels of greenhouse gases.