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Use the following to answer questions: Use the following to answer questions:   -Consider an economy that produces only DVDs and DVD players.Last year,10 DVDs were sold at $20 each and 5 DVD players were sold at $100 each,whereas this year 15 DVDs were sold at $10 each and 10 DVD players were sold at $50 each.Nominal GDP this year is: A)  $100. B)  $650. C)  $700. D)  $500.
-Consider an economy that produces only DVDs and DVD players.Last year,10 DVDs were sold at $20 each and 5 DVD players were sold at $100 each,whereas this year 15 DVDs were sold at $10 each and 10 DVD players were sold at $50 each.Nominal GDP this year is:

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Definitions:

Popular Support

The backing or endorsement of the general populace for a policy, idea, or leader, often essential for the legitimacy and effectiveness of governance or initiatives.

Second Republic

A term that can refer to several historical periods where a country reinstated a republican form of government after a period of non-republican rule, each marked by a quest for democracy, liberty, and often significant social reform.

Montagnards

A political group during the French Revolution, seated on the highest benches of the assembly, known for their radical views and support for extreme measures including the reign of terror.

Free Public Education

The provision of education that is government-funded and available to all individuals without charge.

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