Suppose an economy produces only cranberries and maple syrup. in 2010, 50 units of cranberries are sold at $20 per unit and 100 units of maple syrup are sold at $8 per unit. in 2009, the base year, the price of cranberries was $10 per unit and the price of maple syrup was $15 per unit. for 2010, a. nominal gdp is $2000, real gdp is $1800, and the gdp deflator is 111.1. b. nominal gdp is $1800, real gdp is $2000, and the gdp deflator is 111.1. c. nominal gdp is $2000, real gdp is $1800, and the gdp deflator is 90. d. nominal gdp is $1800, real gdp is $2000, and the gdp deflator is 90.

Lipman auto parts, a family-owned auto parts store, began january with $10,300.00 in cash. management forecasts that collections from credit customers will be $11,400.00 in january and $14,800.00 in february. the store is scheduled to receive $5,000.00 in cash on a business note receivable in january. projected cash payments include inventory purchases ($13,000.00 in january and $13,600.00 in february) and operating expenses ($2,700.00 each month). lipman auto parts' bank requires a $10,000.00 minimum balance in the store's checking account. at the end of any month when the account balance dips below $10,000.00, the bank automatically extends credit to the store in multiples of $1,000.00. lipman auto parts borrows as little as possible and pays back loans in quarterly installments of $2,000.00, plus 4 percent interest on the entire unpaid principal. the first payment occurs three months after the loan.