Author Question: Real GDP means GDP: a. valued at prices in a base year. b. that does not change from year to year. ... (Read 150 times)

lunatika

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Real GDP means GDP:
 a. valued at prices in a base year.
  b. that does not change from year to year.
  c. corrected for changes in quality.
  d. valued at prices at which goods are actually sold.

Question 2

A rightward shift in the aggregate demand curve can be caused by an increase in:
 a. the price level.
  b. business investment spending.
  c. taxes.
  d. production costs.



aadams68

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Answer to Question 1

a

Answer to Question 2

b



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