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

Author Question: Which of the following is TRUE regarding real GDP? I. Real GDP is the value of the total ... (Read 27 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
Which of the following is TRUE regarding real GDP?
 
  I. Real GDP is the value of the total production of the country's farms, factories, shops, and offices.
  II. Real GDP rises whenever inflation occurs.
  III. Real GDP does not measure all that is produced.
  A) I and II
  B) I and III
  C) II and III
  D) I, II and III

Question 2

In the above figure, if the real interest rate is 4 percent, then there
 
  A) there is a surplus of loanable funds.
  B) is equilibrium in the loanable funds market.
  C) the real interest rate will rise.
  D) the demand curve for loanable funds will shift rightward.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ricroger

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Metfan725

  • Hero Member
  • *****
  • Posts: 552
Reply #2 on: Jun 29, 2018
Thank you :)


ricroger

  • Sr. Member
  • ****
  • Posts: 352
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

True Forget-Me-Not True Forget-Me-Not
How to use the discriminant to determine the value of k in a quadratic with no real roots How to use the discriminant to determine the value of k in a quadratic with no real roots
Total radiative forcing ~1.63 Wm-2 Total radiative forcing ~1.63 Wm-2
Math Joke: Be Rational, Get Real Math Joke: Be Rational, Get Real
Desired Fertility versus Total Fertility Rate in Developing Countries Desired Fertility versus Total Fertility Rate in Developing Countries
Determine the # of real roots from the equation Determine the # of real roots from the equation
Video: Effect of blood chemistry - stimuli, hyperventilation response and hypoventilation response

For a complete list of videos, visit our video library