Author Question: A decrease in nominal gross domestic product necessarily entails a decrease in A) both real ... (Read 121 times)

lak

  • Hero Member
  • *****
  • Posts: 546
A decrease in nominal gross domestic product necessarily entails a decrease in
 
  A) both real output and the price level.
  B) either real output or the price level (or both).
  C) real output and employment.
  D) the price level and employment.

Question 2

An increase in nominal gross domestic product necessarily entails an increase in
 
  A) both real output and the price level.
  B) either real output or the price level (or both).
  C) real output and employment.
  D) the price level and employment.



mcarey591

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

For a complete list of videos, visit our video library