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

Author Question: As nominal Gross Domestic Product (GDP) rises, people will wish to A) hold less money for ... (Read 35 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
As nominal Gross Domestic Product (GDP) rises, people will wish to
 
  A) hold less money for transactions.
  B) hold more money for transactions.
  C) spend less.
  D) invest only in stocks.

Question 2

Leakages in the circular flow model are
 
  A) caused by people not acting rational.
  B) possible when unemployment exists.
  C) reflected in the vertical long-run aggregate supply curve.
  D) caused by people saving instead of spending.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frre432

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


iveyjurea

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
Gracias!

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Gross food? Or an American MASTERPIECE? Gross food? Or an American MASTERPIECE?
Despite the globe’s vast social change, people all over the world continue to make race a ... Despite the globe’s vast social change, people all over the world continue to make race a ...
Trees provide ecosystem services to people Trees provide ecosystem services to people
Control you knife with one hand and hold the item being cut with the other (2 of 3) Control you knife with one hand and hold the item being cut with the other (2 of 3)
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
DRAMA - Don't Hold Back (Official Video) DRAMA - Don't Hold Back (Official Video)
Video: Muscular System Animation

For a complete list of videos, visit our video library