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 55 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
Great answer, keep it coming :)

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Swallow-tailed Bee-eater in Etosha National Park, Namibia Swallow-tailed Bee-eater in Etosha National Park, Namibia
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
Video: How eudicots (true dicots) differ from monocots Animation

For a complete list of videos, visit our video library