Peg's Manicure Manor Did 4,000 Sets of Nails in 2010

question 5

Multiple Choice

Peg's Manicure Manor did 4,000 sets of nails in 2010 and 4,500 sets of nails in 2011.The price of a set of nails was $20 in 2010 and $22 in 2011.If 2010 is the base year, Peg's contribution to nominal GDP in 2010 was ______ and in 2011 was _______.

• A)$80,000; $88,000
• B)$80,000; $90,000
• C)$80,000; $99,000
• D)$88,000; $90,000

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Definitions:

Level of Reinforcement

The degree or intensity of reinforcement which influences the likelihood of a behavior being repeated.

Choice Behavior

The cognitive process involved in deciding between two or more alternatives.

Humans

Humans, scientifically known as Homo sapiens, are a species of bipedal primates characterized by their advanced cognitive abilities, language use, and capacity to create complex tools, cultures, and societies.

Anticipatory Pain Response

Stimuli associated with painful events produce a fear response, which motivates escape from the painful environment.