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Author Question: Actual real GDP will be above potential GDP if A) inflation is rising. B) firms are producing ... (Read 167 times)

evelyn o bentley

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on: Jun 29, 2018
Actual real GDP will be above potential GDP if
 
  A) inflation is rising. B) firms are producing below capacity.
  C) firms are producing at capacity. D) firms are producing above capacity.

Question 2

The interest rate effect can be described as an increase in the price level that raises the interest rate and chokes off
 
  A) investment and consumption spending.
  B) government spending.
  C) government spending and unplanned investment.
  D) net exports.


Carliemb17

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


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