Q Macro Chapter 5 Questions X *Course Hero X *Course Hero X Homework Help - Q&A fron x Dashboard X Question 33 - Midterm 1. CI X + X Other favorites Midterm 1. Chapters 1-5 i Saved Help Save & Exit Submit Two goods are complements if 33 Multiple Choice 00:32:23 O people tend to consume either one or the other. O there are no substitutes for either of them. O an increase in the price of one good leads to a decrease in demand for the other. O an increase in the price of one good leads to an increase in demand for the other. ED Mc Graw Hill Coz Q Search a 7:05 PM 2/19/2023Q Macro Chapter 5 Questions X *Course Hero X *Course Hero X Homework Help - Q&A fron x Dashboard X Question 40 - Midterm 1. CI X + X Other favorites Midterm 1. Chapters 1-5 i Saved Help Save & Exit Submit George and John, stranded together on an island, use clamshells for money. Last year George caught 500 fish and 5 wild boars. John 40 grew 200 bunches of bananas. In the two-person economy that George and John set up, fish sell for 1 clamshell each, boars sell for 10 o clamshells each, and bananas go for 5 clamshells per bunch. George paid John a total of 30 clamshells for helping him to dig bait for fishing, and he also purchased five of John's mature banana trees for 30 clamshells each. What is the GDP of George's and John's island in terms of clamshells? 00:31:57 Instructions: Enter your response as whole number. GDP: clamshells. ED Mc Graw Coz Hill Search a 7:06 PM 2/19/2023Q Macro Chapter 5 Questions X *Course Hero X *Course Hero X Homework Help - Q&A fron x Dashboard X Question 48 - Midterm 1. Cl X + X Other favorites Midterm 1. Chapters 1-5 i Saved Help Save & Exit Submit Suppose that the total production of an economy consists of 18 oranges and 13 candy bars, each orange sells for $0.40, and each candy bar sells for $1.50. 48 What is the market value of production in this economy? o Multiple Choice 00:31:32 O $26.70 O $13.35 O $19.50 O $7.20 ED Mc Graw Hill Coz Search a 7:06 PM 2/19/2023