A South Sea Island Produces Only Coconuts

question 118

Multiple Choice

A south sea island produces only coconuts. In 2005, the price of a coconut is $2.00 and the quantity produced is 400. In 2012, the price of a coconut is $1.50 and the quantity produced is 350. 2005 is the reference base year. Real GDP in 2012 in terms of base-year prices is

• A)$600.
• B)$525.
• C)$800.
• D)$700.
• E)$750.

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Definitions:

2D:4D Ratio

A physiological trait theorized to indicate exposure to certain hormones in the womb, measured by comparing the length of the index finger to the ring finger.

Prenatal Testosterone Exposure

The exposure of a fetus to testosterone levels while in the womb, which can influence a variety of developmental factors.

Nature-nurture Debate

A longstanding discussion concerning the relative importance of an individual's inherited traits (nature) versus environmental influences (nurture) in determining behavior and development.

Gene-environment Interaction

The complex interplay between genetic predisposition and environmental factors that influence the development and expression of traits and behaviors.