Question: Question 7 (1 point) The table shows total consumer consumption in an economy for two years. 2020 Price Quantity Good A $2.00 1000 Good B

Question 7 (1 point) The table shows total consumer consumption in an economy for two years. 2020 Price Quantity Good A $2.00 1000 Good B $3.00 2000 2021 Good A $1.70 1300 Good B $3.30 1800 f 2020 is the base year, what was the inflation rate in 2021? (Answer to 1 decimal point, ie. 5.58% = 5.6.) Your Answer: Answer Question 8 (1 point) The table shows total output in an economy for two years. 2020 Price Quantity Good A $2.00 1000 Good B $3.00 2000 2021 Good A $1.60 1500 Good B $3.00 2100 If 2020 is the base year, what is real GDP in 2021? (Answer to the nearest dollar.) Your

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1. The first party (the sender) may dispute the validity of the interpretation, or 2. He/she can accept the interpretation.

2. In this chapter, the reader should reflect on the following concepts: Message, communication error, data, code, information, metaphor.