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The Table Given Below Lists the Price Per Unit and Output

question 49

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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
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.What is the constant-dollar real GDP growth from 1995 to 2003 using 1995 as the base year? A) 50 percent B) zero percent C) -75 percent D) 100 percent E) 14 percent Refer to Table 5.6.What is the constant-dollar real GDP growth from 1995 to 2003 using 1995 as the base year?


Definitions:

Cross-Cutting Relations

A geological principle stating that any geologic feature that cuts across another feature must be younger than the feature it cuts.

Inclusions

Pieces of one rock unit that are enclosed within another rock unit, often used in geology to determine the relative age of rock layers.

Original Horizontality

A principle stating that sedimentary rocks are deposited in horizontal or nearly horizontal layers under the action of gravity.

Superposition

A principle that states in an undisturbed sequence of rocks, layers of rock were deposited in order from bottom to top according to their age, with the oldest at the bottom and the youngest at the top.

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