This topic contains a solution. Click here to go to the answer

Author Question: One lesson of the Great Depression was that potential GDP could _____. a. be too low to ensure full ... (Read 31 times)

Garrulous

  • Hero Member
  • *****
  • Posts: 686
One lesson of the Great Depression was that potential GDP could _____.
 a. be too low to ensure full employment if the population was growing
  b. be too low to ensure full employment in a capitalist economy
 c. be too low to ensure full employment in a market economy
 d. fall short of full-employment GDP
 e. exceed equilibrium GDP

Question 2

Which of the following is true of leakages and injections in the circular flow model?
 a. Leakages minus injections equal gross domestic product (GDP).
 b. Injections minus leakages equal gross domestic product (GDP).
 c. Leakages minus injections equal zero in equilibrium.
 d. Leakages must be less than injections for an economy to be in equilibrium.
  e. Leakages must be greater than injections for an economy to be growing.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

braelync

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

e

Answer to Question 2

c




Garrulous

  • Member
  • Posts: 686
Reply 2 on: Jun 30, 2018
:D TYSM


Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

For a complete list of videos, visit our video library