« previous next »

Author Question: The full-employment and full-adjustment level of real Gross Domestic Product (GDP) in the economy is ... (Read 95 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?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Stand in a doorway and hook your fingertips on both sides about chest level or lower. Stand in a doorway and hook your fingertips on both sides about chest level or lower.
Basic sliding effleurage using the palms of the hands provides full contact with the leg. Basic sliding effleurage using the palms of the hands provides full contact with the leg.
Marketing: Real People, Real Choices Marketing: Real People, Real Choices
Use the product rule to find derivative Use the product rule to find derivative
QTL mapping in domestic tomato QTL mapping in domestic tomato
Video: Metabolic Rate, Heat and Thermoregulation - response to heat and cold stresses

For a complete list of videos, visit our video library