« previous next »

Author Question: The full-employment and full-adjustment level of real Gross Domestic Product (GDP) in the economy is ... (Read 86 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: Jun 30, 2018
The full-employment and full-adjustment level of real Gross Domestic Product (GDP) in the economy is represented by
 
  A) the horizontal line at the price level.
  B) the LRAS curve.
  C) the distance between the LRAS curve and the AD curve.
  D) the AD curve.

Question 2

According to the above table, if per capita real GDP is currently 1000, then at a constant annual rate of growth of 8 percent, per capita real GDP ten years from now will be equal to
 
  A) 2140. B) 2160. C) 2000. D) 2590.


dudman123

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Example of an online employment application and posting of a résumé. Example of an online employment application and posting of a résumé.
The human eye, a product of 600 million years of evolution (Lamb, Collin, & Pugh, 2007). The human eye, a product of 600 million years of evolution (Lamb, Collin, & Pugh, 2007).
the transamination product of tryptophan is decarboxylated to yield indole-3-acetic acid, or auxin the transamination product of tryptophan is decarboxylated to yield indole-3-acetic acid, or auxin
Full Tenderloin Full Tenderloin
Hen feathering (left) and cock feathering (right) in domestic fowl Hen feathering (left) and cock feathering (right) in domestic fowl
The tertiary level of protein structure for the respiratory pigment myoglobin The tertiary level of protein structure for the respiratory pigment myoglobin
Video: Summation - defined, spatial, temporal & AP generation or not

For a complete list of videos, visit our video library