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

Author Question: If the real gross domestic product (GDP) is 5 trillion for a particular year and the GDP price index ... (Read 107 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
on: Jun 30, 2018
If the real gross domestic product (GDP) is 5 trillion for a particular year and the GDP price index is 140, then the nominal GDP is 7 trillion.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Since 1929, the distribution of income in the United States has become:
 a. substantially more equal.
  b. slightly more equal.
  c. slightly more unequal.
  d. substantially more unequal.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

stano32

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

b


big1devin

  • Member
  • Posts: 583
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

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

The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Example of the Index to Diseases and Injuries. Example of the Index to Diseases and Injuries.
Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ... Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ...
Cranial polarization. Lightly place both thumbs on the anterior fontanel, with both index fingers ... Cranial polarization. Lightly place both thumbs on the anterior fontanel, with both index fingers ...
Real skeleton of a lion Real skeleton of a lion
Video: Electromagnetic Spectrum, Chlorophyll and Pigment & Light

For a complete list of videos, visit our video library