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Author Question: According to the classical economists, actual real GDP A) always equals actual aggregate income. ... (Read 94 times)

dejastew

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According to the classical economists, actual real GDP
 
  A) always equals actual aggregate income.
  B) sometimes equals actual aggregate income.
  C) never equals actual aggregate income.
  D) is not related to aggregate income.

Question 2

Distinguishing between stock measures and flow measures of the labor force, the stock measures are
 
  A) the labor force only.
  B) the number of people who lost their jobs and the number of people who found jobs only.
  C) the total number of people who are unemployed only.
  D) the total number in the labor force and the total number of people who are unemployed only.



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bhavsar

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Answer to Question 1

A

Answer to Question 2

D




bhavsar

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