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

Author Question: Suppose the country of Quasiland experienced a decrease in real GDP and people were laid off from ... (Read 169 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
on: Jun 29, 2018
Suppose the country of Quasiland experienced a decrease in real GDP and people were laid off from their jobs. The people would be considered part of
 
  A) frictional unemployment.
  B) structural unemployment.
  C) cyclical unemployment.
  D) discouraged workers.

Question 2

Suppose an economy has some inflation. Then, after a base year, the value of real GDP will
 
  A) be less than nominal GDP.
  B) not be different from nominal GDP.
  C) be greater than nominal GDP.
  D) will be approximately half the value of nominal GDP.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

phuda

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


anshika

  • Member
  • Posts: 510
Reply 2 on: Jun 29, 2018
Gracias!

cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho
Older people who experienced stressful events in their younger years may show personal growth and ... Older people who experienced stressful events in their younger years may show personal growth and ...
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
People with binge eating disorder often eat in secret People with binge eating disorder often eat in secret
People in poor, urban areas often find themselves in “food deserts" People in poor, urban areas often find themselves in “food deserts"
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
Video: Neurosynapse Animation

For a complete list of videos, visit our video library