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Author Question: For a demand-pull inflation to persist requires persistent increases in A) real GDP. B) the ... (Read 138 times)

anshika

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on: Jun 29, 2018
For a demand-pull inflation to persist requires persistent increases in
 
  A) real GDP.
  B) the quantity of money.
  C) tax rates.
  D) government expenditures.
  E) the real wage rate.

Question 2

The above figure shows the PPF for a country that produces computers and computer factories. The nation's production possibilities frontier is PPF0 . At which of the following production points would the economy grow most rapidly?
 
  A) Point A
  B) Point B
  C) Point C
  D) It makes no difference among the three points because they are all production efficient.
  E) More information is needed to answer the question.


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shayla

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

B

Answer to Question 2

A


anshika

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

amandanbreshears

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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