Author Question: Actual real GDP will be above potential GDP if A) inflation is rising. B) firms are producing ... (Read 177 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
Actual real GDP will be above potential GDP if
 
  A) inflation is rising. B) firms are producing below capacity.
  C) firms are producing at capacity. D) firms are producing above capacity.

Question 2

The interest rate effect can be described as an increase in the price level that raises the interest rate and chokes off
 
  A) investment and consumption spending.
  B) government spending.
  C) government spending and unplanned investment.
  D) net exports.



Carliemb17

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

For a complete list of videos, visit our video library