« previous next »

Author Question: In the above figure, the aggregate demand curve is AD2, so the long-run equilibrium level of real ... (Read 49 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
In the above figure, the aggregate demand curve is AD2, so the long-run equilibrium level of real GDP is
 
  A) 16 trillion.
  B) 16.5 trillion.
  C) more than 16 and less than 16.5 trillion.
  D) None of the above answers is correct.

Question 2

Suppose U.S. net exports are -400 billion and the U.S. government sector surplus is 200 billion. Then in the private sector, saving minus investment equals
 
  A) -600 billion.
  B) -200 billion.
  C) +600 billion.
  D) +200 billion.


ricroger

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

The FDA recognizes 118 routes of administration.

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.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Features found in a long bone. Features found in a long bone.
Role of PKM-zeta in Long-Lasting Long-Term Potentiation Role of PKM-zeta in Long-Lasting Long-Term Potentiation
Long-Range Forecasts Long-Range Forecasts
Mobilize each metatarsal–phalangeal joint with figure-8s. Hold the tarsal just below the ... Mobilize each metatarsal–phalangeal joint with figure-8s. Hold the tarsal just below the ...
A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ... A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ...
Long bone formation Long bone formation
Video: Net filtration pressure and lymph formation, edema & blood velocity

For a complete list of videos, visit our video library