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

Author Question: Which of the following could cause nominal GDP to decrease, but real GDP to increase? A) The ... (Read 20 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
on: Jun 29, 2018
Which of the following could cause nominal GDP to decrease, but real GDP to increase?
 
  A) The price level rises and the quantity of final goods and services produced rises.
  B) The price level falls and the quantity of final goods and services produced falls.
  C) The price level rises and the quantity of final goods and services produced falls.
  D) The price level falls and the quantity of final goods and services produced rises.

Question 2

Which of the following would cause the short-run aggregate supply curve to shift to the right?
 
  A) an increase in the price level B) a technological advance
  C) a decrease in inflation expectations D) an increase in interest rates


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


vicky

  • Member
  • Posts: 586
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Decrease in Fertility, 1800–1900 Decrease in Fertility, 1800–1900
Mean scores for Erikson’s stage VI (Intimacy) for two cohorts. Scores for both cohorts increase ... Mean scores for Erikson’s stage VI (Intimacy) for two cohorts. Scores for both cohorts increase ...
Risk of Stroke and Heart Disease Increase with Increasing Blood Pressure Risk of Stroke and Heart Disease Increase with Increasing Blood Pressure
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Excessive video gaming decrease social and physical development in a child Excessive video gaming decrease social and physical development in a child
Prove that each of the following real functions f has a discontinuity. For each function, ... Prove that each of the following real functions f has a discontinuity. For each function, ...
Video: Exercise and cardiac output

For a complete list of videos, visit our video library