Macroeconomics

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Which of the following is an example of a resource? a. a river b. a tractor c. the chef at a ... Started by swpotter12	1 Replies 78 Views	Jun 30, 2018 by Jbrasil
If real GDP decreased by 1 and nominal GDP increased by 2, then output: a. increased and the price ... Started by bobypop	1 Replies 114 Views	Jun 30, 2018 by ciecieme
Which of the following will cause the net export function to shift? a. A change in real GDP b. An ... Started by ss2343	1 Replies 72 Views	Jun 30, 2018 by nhea
To economists, the resource category land includes all of the following except: a. trees. b. a ... Started by vHAUNG6011	1 Replies 116 Views	Jun 30, 2018 by thall411
Which of the following is a problem with using real GDP as a measure of economic well-being? a. It ... Started by mckennatimberlake	1 Replies 49 Views	Jun 30, 2018 by fur
The aggregate expenditures function: a. has the same slope as the aggregate demand curve. b. is ... Started by CBme	1 Replies 95 Views	Jun 30, 2018 by dyrone
An example of physical capital is: a. a 100 bill. b. a stock certificate. c. a chainsaw. d. a ... Started by dmcintosh	3 Replies 73 Views	Jun 30, 2018 by sylvia
If nominal GDP increased from 5,000 billion in 2010 to 5,500 billion in 2011 and the GDP deflator ... Started by piesebel	1 Replies 87 Views	Jun 30, 2018 by Harbringer
Changes in autonomous consumption will affect the slope of the consumption function. a. True b. ... Started by armygirl	1 Replies 117 Views	Jun 30, 2018 by robbielu01
If the GDP deflator increases from one year to the next, it can be concluded that the economy has ... Started by AEWBW	1 Replies 50 Views	Jun 30, 2018 by tennis14576
Dissaving occurs when the consumption function lies below the 45-degree line. a. True b. False ... Started by karlynnae	1 Replies 56 Views	Jun 30, 2018 by DylanD1323
Gross national product is equal to: a. gross domestic product. b. net national product plus ... Started by madam-professor	1 Replies 150 Views	Jun 30, 2018 by ambernicolefink
As disposable income increases, consumption spending will rise, but it will rise by less than ... Started by jCorn1234	1 Replies 109 Views	Jun 30, 2018 by courtney_bruh
Entrepreneurship is: a. human capital. b. another word for the financial capital that can be used ... Started by darbym82	1 Replies 180 Views	Jun 30, 2018 by pocatato
Mistakenly adding the value of a good or service twice by counting the intermediate goods and ... Started by s.tung	3 Replies 177 Views	Jun 30, 2018 by shewald78
Suppose that the consumption function crosses the 45-degree line at a disposable income level of 800 ... Started by rmenurse	1 Replies 95 Views	Jun 30, 2018 by mfedorka
An example of an intangible good is: a. an automobile. b. a new house. c. a snowplow. d. ... Started by OSWALD	1 Replies 90 Views	Jun 30, 2018 by allisonblackmore
GDP that has been adjusted for changes in the price level is called: a. nominal GDP. b. real GDP. ... Started by haleyc112	1 Replies 80 Views	Jun 30, 2018 by ankilker
An increase in the marginal propensity to consume necessarily reduces the marginal propensity to ... Started by WhattoUnderstand	1 Replies 99 Views	Jun 30, 2018 by InfiniteSteez
All of the following are tangible goods except: a. a skateboard. b. a desk. c. a train locomotive. ... Started by karateprodigy	1 Replies 60 Views	Jun 30, 2018 by kthug
Nominal GDP will always equal real GDP: a. if prices are declining. b. in the base year. c. if ... Started by moongchi	1 Replies 73 Views	Jun 30, 2018 by leahm14
Saving remaining constant, the average propensity to save declines with an increase in disposable ... Started by craiczarry	1 Replies 80 Views	Jun 30, 2018 by uniquea123
Which of the following observations regarding economic goods is incorrect? a. They are limited in ... Started by futuristic	3 Replies 50 Views	Jun 30, 2018 by batool
Suppose that nominal GDP did not change in 2011, and real GDP decreased, relative to the year 2010 . ... Started by Shelles	1 Replies 80 Views	Jun 30, 2018 by Expo
Other things equal, an increase in the consumer confidence index tends to raise the average ... Started by bb	1 Replies 66 Views	Jun 30, 2018 by Swizqar