Asimple economy produces two goods,
apple pies
and
technical manuals.
price and quantity data are as follows:
production and prices in year 1 (base year)
product
quantity
price per unit
apple piesapple pies
100
$3.00
technical manualstechnical manuals
550
$45.00
production and prices in year 2
product
quantity
price per unit
apple piesapple pies
125.00
$4.50
technical manuals
825.00
$90.00
in year 2, nominal gdp is equal to:
$,
and real gdp is

$

(enter both responses rounded to the nearest penny).

Which basic economic questions deals with the issue of how the incomeof people in various occupations is determined

Which statement best defines tuition? tuition is federal money awarded to a student. tuition is aid given to a student by an institution. tuition is money borrowed to pay for an education. tuition is the price of attending classes at a school.

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?