The Next Questions Refer to the Following Hypothetical Economy

question 20

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.
-If year one is taken as the base year,the GDP deflator in years two and three is

• A) 1.0 in year two and 1.1 in year three
• B) 1.0 in year two and 2.0 in year three
• C) 1.23 in year two and 1.12 in year three
• D) 1.5 in year two and 1.10 in year three
• E) 1.10 in year two and 1.29 in year three

---

Definitions:

Polls

are surveys used to gauge public opinion, preferences, or attitudes towards various topics, individuals, or policies at a specific point in time.

White Supremacists

Individuals or groups who believe in the superiority of the white race, often advocating for the segregation and exclusion of non-white populations.

Racial Identity

An individual's identification with a certain race or races, influenced by societal, cultural, and personal factors.

Abby L. Ferber

An American sociologist known for her work on white nationalism, racism, and the intersections of race, gender, and sexuality.