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

Author Question: In long-run macroeconomic equilibrium A) real GDP equals potential GDP. B) the price level is ... (Read 112 times)

james0929

  • Hero Member
  • *****
  • Posts: 586
on: Jun 29, 2018
In long-run macroeconomic equilibrium
 
  A) real GDP equals potential GDP.
  B) the price level is fixed and aggregate demand determines real GDP.
  C) real GDP and the price level are determined by short-run aggregate supply and aggregate demand and long-run aggregate supply is irrelevant.
  D) real GDP is less than potential GDP.

Question 2

Which of the following is included in a nation's current account?
 
  I. the import of services
  II. a change of foreign currency holdings
  III. net transfers, such as foreign aid payments
  A) I and III
  B) I and II
  C) II and III
  D) III only


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jojobee318

  • Sr. Member
  • ****
  • Posts: 298
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


james0929

  • Member
  • Posts: 586
Reply 2 on: Jun 29, 2018
Wow, this really help

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Female roundworm. Roundworms have long, cylindrical bodies with a tough covering. Eggs laid by the ... Female roundworm. Roundworms have long, cylindrical bodies with a tough covering. Eggs laid by the ...
Membrane potential of muscle cell Membrane potential of muscle cell
Upper-Level Maps Upper-Level Maps
Denney's model ON actual level of performance on exercised and unexercised abilities Denney's model ON actual level of performance on exercised and unexercised abilities
Prove that each of the following real functions f has a discontinuity. For each function, ... Prove that each of the following real functions f has a discontinuity. For each function, ...
A tightrope walker walks across a 30-m long wire tied between two poles. The center of the wire ... A tightrope walker walks across a 30-m long wire tied between two poles. The center of the wire ...
Video: Wound Care

For a complete list of videos, visit our video library