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

Author Question: Microeconomics is the study of topics such as national production and unemployment. Indicate ... (Read 95 times)

jace

  • Hero Member
  • *****
  • Posts: 541
on: Jun 29, 2018
Microeconomics is the study of topics such as national production and unemployment.
 
  Indicate whether the statement is true or false

Question 2

When real GDP exceeds potential GDP, then the economy has
 
  A) an inflationary gap.
  B) a below-full-employment equilibrium.
  C) a recessionary gap.
  D) None of the above answers are correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

abro1885

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

A


jace

  • Member
  • Posts: 541
Reply 2 on: Jun 29, 2018
Wow, this really help

bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Palade's use of the pulse-chase method to study protein secretion Palade's use of the pulse-chase method to study protein secretion
Herbivore biomass is positively correlated with net aboveground primary production. Herbivore biomass is positively correlated with net aboveground primary production.
Herzog & de Meuron, The Bird's Nest—Beijing National Stadium. Herzog & de Meuron, The Bird's Nest—Beijing National Stadium.
The Olestra study followed a sequence of steps The Olestra study followed a sequence of steps
Video: Haustral churning, Gastrocolic reflex and mass peristalsis & Defecation

For a complete list of videos, visit our video library