During the business cycle,
A) real GDP fluctuates around nominal GDP.
B) nominal GDP fluctuates around real GDP.
C) real GDP fluctuates around its trend.
D) trend GDP fluctuates around real GDP.
E) real GDP falls after the trough.
Question 2
Resource use is allocatively efficient when
A) we produce the goods with the highest opportunity cost.
B) we produce the goods with the lowest opportunity cost.
C) we cannot produce more goods and services.
D) we produce the amount of the different goods we value most highly.
Origin of the plant life cycle.
The phosphorus cycle.
Conversion of pyruvate to acetyl CoA, the junction between glycolysis and the citric acid cycle.
Rock Cycle
Overview of Pyruvate Oxidation and the Citric Acid Cycle
The cardiac cycle