Suppose Efua Apeatsewa has a wage contract subject to changes in the CPI. She earned $24 an hour last year; in that same year, the consumer price index rose from 120.0 to 130.0. What should his new wage be? A. $28 an hour B. $29 an hour C. $30 an hour D. $27 an hour E. $26 an hourScenario: Real GDP Suppose that in year 1 an economy produces 150 golf balls that sell for $6 each and 75 pizzas that sell for $8 each. The next year the economy produces 170 golf balls that sell for $7 each and 80 pizzas that sell for $11 each. Reference: Ref 11-2 (Scenario: Real GDP) The value of nominal GDP in years 1 and 2 respectively is: A. $1500; $3099 B. $1,000; $2,005. C. $900; $2,400 D. $1297.50; $1697.50 E. $1500; $2070