Suppose the following data describe output in two different years: Item Year 1 Year 2 Apples 20,000 @ 25¢ each 30,000 @ 30¢ each Bicycles 700 @ $800 each 650 @ $900 each Movie Rentals 10,000 @ $1.00 each 12,000 @ $1.50 each Compute nominal GDP in year 2 (Enter as a numeric value e.g. 100000)

Select all that apply in terms of GDP measured by the component of demand

The reserve requirement is the

Suppose the following data describe output in two different years: Item Year 1 Year 2 Apples 20,000 @ 25¢ each 30,000 @ 30¢ each Bicycles 700 @ $800 each 650 @ $900 each Movie Rentals 10,000 @ $1.00 each 12,000 @ $1.50 each Compute nominal GDP in year 2 (Enter as a numeric value e.g. 100000)

Select all that apply in terms of GDP measured by the component of demand

True or False.  Command and control regulations offers incentives to improve the quality of the environment beyond the standard set by a particular law

True or False.  Common goods are excludable and rivalrous.

True or False.  Barter does allow one to easily enter into future contracts for the purchase of many goods & services.

The twelve regional Federal Reserve banks are responsible for:

True or False.  Command and control regulations offers incentives to improve the quality of the environment beyond the standard set by a particular law