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The table given below lists the price per unit and output of computers and calculators (the only two goods produced by a nation) for the years 1995 and 2003. Table 5.6 Refer to Table 5.6.Calculate the nominal GDP for 1995.
Stereotypes
Widely shared beliefs about the characteristic traits, attitudes, and behaviors of members of various social groups (racial, ethnic, or religious), including the assumption that the members of such groups are usually all alike.
Cognitions
The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.
Learned
Acquired knowledge or skills through experience, study, or being taught.
Learning
A relatively permanent change in behavior, knowledge, capability, or attitude that is acquired through experience and cannot be attributed to illness, injury, or maturation.
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