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Assume That Apples Cost $0

question 19

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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:


Definitions:

Final Electron Acceptor

A compound that receives or accepts electrons during the electron transport chain, facilitating oxidative phosphorylation in cellular respiration.

Oxygen

A chemical element vital to most life forms on Earth, used in cellular respiration to produce energy.

Water

Water is a colorless, tasteless, and odorless substance essential for life, making up a significant portion of the Earth's surface and the human body.

NADH

Nicotinamide adenine dinucleotide (reduced form), a coenzyme involved in redox reactions, carrying electrons from one reaction to another in cellular respiration.

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