Assume That Apples Cost $0

question 19

Multiple Choice

Assume that apples cost $0.50 in 2002 and $1 in 2009, whereas oranges cost $1 in 2002 and $1.50 in 2009. If 4 apples were produced in 2002 and 5 in 2009, whereas 3 oranges were produced in 2002 and 4 in 2009, then real GDP (in 2002 prices) in 2009 was:

• A) $5.
• B) $6.50.
• C) $9.50.
• D) $11.

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Definitions:

Global Temperatures

The average temperature of the Earth's surface as it varies across different regions and over time, indicating trends in climate change.

EPA Standards

Regulations set by the Environmental Protection Agency aimed at protecting human health and the environment.

Water Systems

Infrastructure and resources designed for the delivery, treatment, and distribution of water for consumption, sanitation, and irrigation.

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Water that is safe to drink or to use for food preparation, treated to remove contaminants and pathogens.