Figure 1-1 -Refer to Figure 1-1.Using the Information in the Figure Above,calculate

question 40

Multiple Choice

Figure 1-1
-Refer to Figure 1-1.Using the information in the figure above,calculate the percentage change in sales of alcoholic beverages between 2008 and 2010.

• A)23.8%
• B)40%
• C)42.9%
• D)73.3%

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Definitions:

Interest Rates

The cost of borrowing money or the return on saved money, usually expressed as a percentage of the amount borrowed or saved.

Investment

Investment is the act of allocating resources, usually money, with the expectation of generating an income or profit.

Short-Run Aggregate-Supply

A variation in phrasing to describe the responsiveness of the quantity of goods and services produced by an economy to a change in price level in the short term.

Output

The total amount of goods and services produced by an economic system.