Author Question: A new 2015 Honda Civic produced in 2015 and purchased in 2016 is A) part of GDP in 2015. B) part ... (Read 138 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
A new 2015 Honda Civic produced in 2015 and purchased in 2016 is
 
  A) part of GDP in 2015.
  B) part of GDP in 2016.
  C) not part of GDP in either year because it was produced in one year and sold in another year.
  D) part of GDP in both 2015 and 2016.

Question 2

If you lend a dollar for a year and at the end of the year the price level has risen by 10 percent
 
  A) the purchasing power of your loan has risen over the year regardless of the interest rate at which you lent it.
  B) the purchasing power of your loan has remained constant over the year regardless of the interest rate at which you lent it.
  C) you must have earned a nominal interest rate of 10 percent to maintain the purchasing power of your loan.
  D) you must have earned a nominal interest rate of 5 percent to maintain the purchasing power of your loan.



anoriega3

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

For a complete list of videos, visit our video library