Suppose Miguel wants to know the value of real gross domestic product (GDP) for 2011 in terms of the base year 1984 dollars. In 1984 nominal GDP was $10 billion. In 2011 nominal GDP was $15 billion and the price deflator was 200. Real GDP in 1984 dollars would be equal to which of the following? $5 billion

$5 billion
A

$7.5 billion

$7.5 billion
B

$10 billion

$10 billion
C

$20 billion

$20 billion
D

$30 billion

Which motion below could be made so that the chair would be called on to enforce a violated rule?

Afamily wishes to save for future college expenses. which financial tool should the family invest in?

Which of the following best explains why buying a house is more beneficial than renting? a. buying is a personal investment while renting involves giving money to the landlord. b. the monthly payments on a mortgage are generally lower than rent on an apartment. c. it's easier to sell a house than it is to get a landlord to break a rental agreement. d. housing prices can go up and down quickly in comparison to the level of rents.