Top Posters
Since Sunday
s
5
g
5
K
5
o
5
g
5
o
4
k
4
s
4
I
4
k
4
j
4
o
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
nurse15 nurse15
wrote...
Go to Answer
Posts: 126
Rep: 0 0
A year ago
An economy in 2020 produces 100 apples and 100 oranges. Prices in 2020 were $5/apple and $5/orange. The GDP deflator for a particular base year is 125. Which of the following are possible prices for apples and oranges in the base year?

▸ $3/apple and $7/orange

▸ $5/apple and $3/orange

▸ $6/apple and $4/orange

▸ $1/apple and $5/.orange
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 43 times
1 Reply
Replies
Answer verified by a subject expert
enzeeenzee
wrote...
#1
Posts: 124
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

nurse15 Author
wrote...

A year ago
This site is awesome
SUmmerPeople
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
lubennick
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  945 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1445
  
 176
  
 310
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 432
Previous poll results: Who will win the 2024 president election?