This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Nominal GDP measures the value of goods and services produced in a given year valued using A) ... (Read 78 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
on: Jun 30, 2018
Nominal GDP measures the value of goods and services produced in a given year valued using
 
  A) base year prices.
  B) future prices.
  C) prices of the same year.
  D) constant prices.
  E) no prices.

Question 2

The relationship between the nominal interest rate, the real interest rate, and the inflation rate is that the
 
  A) real interest rate is equal to the nominal interest rate plus the inflation rate.
  B) nominal interest rate is equal to the real interest rate plus the inflation rate.
  C) real interest rate is equal to the nominal interest rate multiplied by the inflation rate.
  D) nominal interest rate is equal to the real interest rate minus the inflation rate.
  E) nominal interest rate is equal to the real interest rate divided by the inflation rate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Pswine

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


RODY.ELKHALIL

  • Member
  • Posts: 591
Reply 2 on: Jun 30, 2018
:D TYSM

AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

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

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Observed Mother–Child Arguments at Five Time Points Over an Eight-Year Period Observed Mother–Child Arguments at Five Time Points Over an Eight-Year Period
France has produced most of its energy from nuclear power since the oil crisis of the 1970s France has produced most of its energy from nuclear power since the oil crisis of the 1970s
Major Agricultural Crops Produced in the United States, 2011 Major Agricultural Crops Produced in the United States, 2011
Research that has examined babies' ability to recognize themselves develops in the 2 year Research that has examined babies' ability to recognize themselves develops in the 2 year
Chinese new year 2023 Chinese new year 2023
What single payment one year from now would be economically equivalent to payments of $1,000 ... What single payment one year from now would be economically equivalent to payments of $1,000 ...
Video: Muscle Fatigue and Recovery

For a complete list of videos, visit our video library