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Author Question: If nominal GDP rises from 5 billion to 6 billion, when the GDP deflator goes from 100 to 130, real ... (Read 49 times)

lbcchick

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on: Jun 30, 2018
If nominal GDP rises from 5 billion to 6 billion, when the GDP deflator goes from 100 to 130, real GDP
 a. rises.
 b. falls.
 c. stays the same.
 d. could either be rising or falling.

Question 2

Overfishing and extinction of species arise because of:
 a. an abundance of natural resources.
  b. communist countries.
  c. the lack of incentive to take care of these species.
  d. private ownership of these resources.
  e. a high degree of economic freedom in all countries.


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Melissahxx

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


lbcchick

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Reply #2 on: Jun 30, 2018
Thank you :)


Melissahxx

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Reply #3 on: Jun 30, 2018
Happy to help you


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