-Using the Above Table, the Following Is the Output of a Two-Product

question 46

Multiple Choice

-Using the above table, the following is the output of a two-product economy. The price index in this economy in Year 2, assuming Year 1 is the base year, is

• A) 113.0.
• B) 88.5.
• C) 107.1.
• D) 106.7.

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Definitions:

Maslow

Maslow refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory in psychology regarding human motivation.

Self-actualization

A concept in humanistic psychology referring to the inherent drive to realize one's full potential and to achieve personal fulfillment and self-improvement.

Kin Selection

An evolutionary strategy that favors the reproductive success of an organism's relatives, even at a cost to the organism's own survival and reproduction.

Homosexuality

A sexual orientation characterized by a romantic or sexual attraction to individuals of the same sex.