This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Refer to Table 19-17. What is nominal GDP in 2016? A) 3,320 B) 3,690 C) 6,360 D) ... (Read 101 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
Refer to Table 19-17. What is nominal GDP in 2016?
 
  A) 3,320 B) 3,690 C) 6,360 D) 7,035

Question 2

When will an increase in aggregate demand not result in lower unemployment rates in the short run?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ttt030911

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

An increase in aggregate demand will not result in lower unemployment rates in the short run if there is no change in the level of output relative to potential GDP as a result of the increase in aggregate demand. If, for example, aggregate supply increases and potential GDP increases at the same time that aggregate demand is increasing, the unemployment rate (and inflation) may remain unchanged.


Zoey63294

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
:D TYSM

dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

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.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

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.

Assisting the patient to transfer from the bed or examining table to a wheelchair. Assisting the patient to transfer from the bed or examining table to a wheelchair.
Stretch the extensor muscles with flexion at the wrist. Reposition the palm to face the table. Apply ... Stretch the extensor muscles with flexion at the wrist. Reposition the palm to face the table. Apply ...
Effleurage hand over hand along spinal muscles. Stand at the side directly facing the table and ... Effleurage hand over hand along spinal muscles. Stand at the side directly facing the table and ...
How to create a frequency table and histogram from raw data How to create a frequency table and histogram from raw data
How to determine if a table of values represents a function How to determine if a table of values represents a function
table table
Video: Hip Animation

For a complete list of videos, visit our video library