Author Question: The gap between potential GDP and real GDP had been as large as 7 percent during the worst of the ... (Read 67 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
The gap between potential GDP and real GDP had been as large as 7 percent during the worst of the 2007-2009 recession. By 2015, the gap
 
  A) was positive, with real GDP exceeding potential GDP.
  B) had been eliminated.
  C) remained at 7 percent.
  D) was still nearly 3 percent.

Question 2

If net foreign investment in the United States is positive, how must national saving and domestic investment be related? (Assume that the capital account is zero and net transfers are zero.)
 
  A) Domestic investment can be greater than or less than national saving.
  B) Domestic investment must be greater than national saving.
  C) Domestic investment must be less than national saving.
  D) Domestic investment and national saving must also be positive.



missalyssa26

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

For a complete list of videos, visit our video library