The country of Old Jersey produces milk and butter, and it has published the following macroeconomic data, where quantities are in gallons and prices are dollars per gallon. Between Year 1 and Year 2, nominal GDP grew by? Between Year 1 and Year 2, the GDP deflator (based on Year 1 as a base year) rose ?

Which of the following is the best example of substitution? a. movie producers begin making more comedies because they cost less to make than action films. b. people walk out before the end of a movie because the acting and the plot are terrible. c. people at the movie theater switch from popcorn to candy because popcorn has gotten too expensive. d. more people begin going to matinee movies instead of night movies to save money on the tickets.

Marc, a single taxpayer, earns $100,000 in taxable income and $10,000 in interest from an investment in city of birmingham bonds. using the u. s. tax rate schedule for year 2017, what is his average tax rate

Oswald purchased land for $48,000 and paid an additional $2,000 to install parking space. the entry to record the payment for the parking space is: