The Next Questions Refer to the Following Hypothetical Economy

question 18

Multiple Choice

The next questions refer to the following hypothetical economy
In one year, an economy produces 100 units of capital goods, which sell for $30 each, and 200 units of consumer goods, which sell for $10 each. In the second year, 150 units of capital are produced, and sold for $20 each, while 220 units of consumer goods are produced and sold for $20 each. In the third year, 160 units of capital are sold for $30 each, and 200 units of consumer goods are sold for $20 each.
-Using chain weights,between years two and three real GDP

• A) increased by 19%
• B) increased by 3%
• C) remained constant
• D) decreased by 2%
• E) decreased by 5%

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Definitions:

Hospitalization Costs

The expenses associated with a patient's stay in a hospital, which can include charges for medical services, room and board, tests, drugs, and other treatments.

Medical Errors

Mistakes in healthcare that can lead to harm or suboptimal outcomes for patients, ranging from medication mix-ups to surgical mishaps.

Deaths

The cessation of all biological functions that sustain a living organism, marking the end of life.

Distraction

A division of attention that delays or prevents the completion of cognitive tasks.