Elena loves orange juice. she reads in the newspaper that 20 percent of the florida orange crop was destroyed by a late spring frost. economists predict that the price of oranges will rise by 50 percent by the end of the year. as a result, elena's demand for orange juice a. shifts left today. b. decreases as she looks for a substitute good. c. will increase but not until the end of the year. d. increases today.

1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.

What is the difference between secure bonds and naked bonds?

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)