2013 Output 2013 Prices 2014 Output 2014 Prices Lemonade 200 glasses $1 per glass 220 glasses $1 per glass Cookies 100 cookies $2 per cookie 100 cookies $2.25 per cookie       29. (Table: Lemonade and Cookies) The table Lemonade and Cookies shows the output levels and prices for lemonade and cookies. Assume that an economy produces only two goods, lemonade and cookies. Assuming that 2014 was the base year, the growth rate of real GDP from 2013 to 2014 was:   A) 11.25%.   B) –5%.   C) 20%.   D) 4.7%.

Q: Suppose you recently received the GDP numbers for the last quarter. When you calculated the change…

A: Let's We have show that interpret each value context of hole GDP show below,

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A:

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A:

Q: 2009 $4.00 100 $2.00 180 2010 $5.00 120 $2.50 200 2011 $6.00 150 $3.50 200 Table 10-4. In 2008, this…

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