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:

Outcome Identification

The process of determining the expected results of health care interventions or treatments.

Critical-Thinking

The process of objectively analyzing and evaluating an issue in order to form a judgment.

Clustering Related

Grouping together items, data, or information based on shared qualities or characteristics to analyze patterns or relationships.

Identifying Gaps

The process of discovering missing elements, discrepancies, or areas for improvement within a given context.