Table 19-1 -Refer to Table 19-1.Consider the Table of Production and Price

question 10

Multiple Choice

Table 19-1

-Refer to Table 19-1.Consider the table of production and price statistics for a small economy in 2011.If the economy only produces the four goods listed below,what is GDP for 2011?

• A) $428,000
• B) $267,000
• C) $24,000
• D) $1,424

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Definitions:

Amenable

Willing to follow advice or authority; open and responsive to suggestion.

Scientific Test

A methodically organized procedure in science aimed at discovering, demonstrating, or testing a hypothesis or theory.

Demand Characteristics

Cues in an experimental environment that suggest to participants what behavior is expected, desired, or appropriate, potentially influencing their responses.

Experimenter Cues

Unintentional signals or behaviors from a researcher that can influence the responses or actions of participants in a study.