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

Author Question: In the above figure, point C represents A) a recessionary gap. B) a full-employment equilibrium. ... (Read 166 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
on: Jun 29, 2018
In the above figure, point C represents
 
  A) a recessionary gap.
  B) a full-employment equilibrium.
  C) an inflationary gap.
  D) a decrease in aggregate demand.

Question 2

The chain-weighted output index method of calculating real GDP compares
 
  A) compares the quantities of goods produced in consecutive years using prices in both years and averaging the percentage changes in the value of output.
  B) quantities produced in different years using prices from a year chosen as a reference period.
  C) quantities produced in different years with the prices that prevailed during the year in which the output was produced.
  D) prices at different points in time using a sample of goods that is representative of goods purchased by households.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nothere

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


bobbysung

  • Hero Member
  • *****
  • Posts: 519
Reply #2 on: Jun 29, 2018
Thank you :)


nothere

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

The leaky-barrel model: a settling-point model of eating and body weight homeostasis. The leaky-barrel model: a settling-point model of eating and body weight homeostasis.
If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance? If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance?
Refer to (d) in the figure above. This rectifier arrangement Refer to (d) in the figure above. This rectifier arrangement
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Constructing a Three-Point Recombination Map Constructing a Three-Point Recombination Map
Draw a full and complete mechanism for the following reaction shown below. Draw a full and complete mechanism for the following reaction shown below.
Video: Dissociative Disorders (Part 2)

For a complete list of videos, visit our video library