« previous next »

Author Question: The level of real GDP the economy produces at full employment is A) never reached in reality. B) ... (Read 78 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
The level of real GDP the economy produces at full employment is
 
  A) never reached in reality.
  B) nominal GDP.
  C) called the Lucas level.
  D) real GDP.
  E) potential GDP.

Question 2

The price of pineapples has risen dramatically. Which of the following is likely to happen?
 
  A) The quantity of pineapples supplied will decrease.
  B) The supply of pineapples will increase.
  C) The supply of pineapples will decrease.
  D) The quantity of pineapples supplied will increase.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


kjo;oj

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

E

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Numerical pain level chart with word modifiers. Numerical pain level chart with word modifiers.
Upper-Level Maps Upper-Level Maps
Ceiling effect of aspirin. A plateau is reached where increasing the dose of aspirin will not create ... Ceiling effect of aspirin. A plateau is reached where increasing the dose of aspirin will not create ...
Use a full hand/flat of fingers to apply L stroke to face, below the eye and to the edge of the ... Use a full hand/flat of fingers to apply L stroke to face, below the eye and to the edge of the ...
How to use the discriminant to determine the value of k in a quadratic with no real roots How to use the discriminant to determine the value of k in a quadratic with no real roots
Impacts of rising sea level Impacts of rising sea level
Video: Non-specific disease resistance mechanisms & Skin's defense barriers

For a complete list of videos, visit our video library