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Author Question: When cost-push inflation starts, real GDP ________ and the price level ________. A) decreases; ... (Read 602 times)

jenna1

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on: Jun 29, 2018
When cost-push inflation starts, real GDP ________ and the price level ________.
 
  A) decreases; falls
  B) does not change; falls
  C) decreases; rises
  D) does not change; does not change
  E) increases; falls

Question 2

Making bread at home would be more efficient than making it in commercial bakeries
 
  A) for people who place a sufficiently high value on home baked bread.
  B) if the ingredients used to make bread increased sufficiently in price.
  C) if the price of bread made in commercial bakeries did not reflect the efficiency of bakeries.
  D) if there were no labor costs in home baked bread.


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reelove4eva

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


jenna1

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Kedrick2014

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Reply 3 on: Yesterday
Gracias!

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