This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: National income (NI) is calculated by adjusting GDP for: a. depreciation. b. investment and net ... (Read 12 times)

Haya94

  • Hero Member
  • *****
  • Posts: 558
on: Jun 30, 2018
National income (NI) is calculated by adjusting GDP for:
 a. depreciation.
 b. investment and net exports.
 c. Social Security insurance contributions and transfer payments.
  d. corporate and personal income taxes.

Question 2

Suppose the price level falls. The result is that the:
 a. aggregate supply curve would shift to the right.
  b. aggregate supply curve would shift to the left.
  c. general price level would rise causing a movement up the aggregate demand curve.
  d. aggregate demand curve would slope downward because of the real balances effect.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

makaylafy

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


Haya94

  • Member
  • Posts: 558
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Pacific Rim National Park, British Columbia Pacific Rim National Park, British Columbia
The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population
Elephant (Loxodonta africana) herd drinking at water hole. Etosha National Park, Namibia. Elephant (Loxodonta africana) herd drinking at water hole. Etosha National Park, Namibia.
Video: Mechanisms of capillary exchange

For a complete list of videos, visit our video library