« previous next »

Author Question: The data presented in the text shows that in the period from 1947-2013, real GDP in the United ... (Read 71 times)

jwb375

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
The data presented in the text shows that in the period from 1947-2013, real GDP in the United States has
 
  A) decreased in every year since 1947. B) generally remained the same.
  C) decreased only in recent years. D) increased substantially.

Question 2

Describe the field of economics known as macroeconomics.
 
  What will be an ideal response?
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


moormoney

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

Macroeconomics is the study of the nation's economy as a whole. Macroeconomics focuses on the issues of inflation, unemployment and economic growth.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Median Age at First Marriage in the United States Median Age at First Marriage in the United States
This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern
Cohabitation in the United States Cohabitation in the United States
Find a quadractic equation that models the data in standard form Find a quadractic equation that models the data in standard form
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
data data
Video: Sickle Cell Anemia

For a complete list of videos, visit our video library