Author Question: Mexico City is notorious for its excessive pollution. Mexico's measure of GDP is A) increased by ... (Read 118 times)

lunatika · **on:** Jun 29, 2018

Mexico City is notorious for its excessive pollution. Mexico's measure of GDP is

A) increased by the estimated value of the pollution's harm.
B) not affected by the estimated value of the pollution's harm.
C) changed by the pollution only when comparing its GDP with the U.S. GDP.
D) decreased by the estimated value of the pollution's harm.
E) None of the above answers is correct.

Question 2

The AD curve is a graph depicting the

A) relationship between the price level and the quantity of real GDP demanded.
B) relationship between the price level and potential GDP.
C) relationship between the price level and the quantity of real GDP supplied.
D) business cycle during expansions and recessions.
E) relationship between the aggregate quantity of real GDP demanded and the aggregate quantity of real GDP supplied.