Question

uppose a small inland in the Caribbean gows offers nights at a vacation nesort All of the sobacco produced by the isiang tobacso, jproduces gars, and is used s the fallowing table shows the amount of fish ne oipars. The intormation in ash and cirus frits paroduced in 2000,2018, and 2019 Let 2000 be the base year for 2000 Produc Tokacoo 2018 2019 Quantity Price Quantity Price 1LODD 10,000 510 100 2,000 25,000 uantn 2,000 28,000 rise 56 90 58 100 Resot Stass 20.000 100 20,000 200 20,000 220 a) Caloulale reail GDP for 2019 b) ls Gross Domestic Product (GDP) a perfect measure of well-being? Discuss what facors might affect our well-being that are not measured by GDP 4 The Consumer Price Index (CPI) for unleaded gasoline (unadjusted index for all whan consumers U.S. city averages CPI-100 for 1982-1984) was 238.1 in 2007 and 2776 in 2008 a) What was the inflation rate for unileaded gasoline between 2008 and 2009, based on tthe CP index for medical care? ) The CP for nieaded gasoline in March 2018 is 222.4. What would $1,000 in milcaded gasoline in 2008 cost in 2018?