« previous next »

Author Question: The statement that ________ is a positive statement. A) more students should study economics B) ... (Read 106 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
The statement that ________ is a positive statement.
 
  A) more students should study economics
  B) the price of gasoline is too high
  C) too many people in the United States have no health care insurance
  D) the price of sugar in the United States is higher than the price in Australia

Question 2

In the short-run macroeconomic equilibrium
 
  A) real GDP equals potential GDP and aggregate demand determines the price level.
  B) the price level is fixed and short-run aggregate supply determines real GDP.
  C) real GDP and the price level are determined by short-run aggregate supply and aggregate demand.
  D) real GDP is always less than potential GDP.


wergv

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

The experiment performed by Jacob, Monod, and Pardee to study a lacI constitutive mutant The experiment performed by Jacob, Monod, and Pardee to study a lacI constitutive mutant
Aerial photo showing the placement of 24 study plots, each 50 m by 50 m, in the Chihuahuan Desert ne Aerial photo showing the placement of 24 study plots, each 50 m by 50 m, in the Chihuahuan Desert ne
Positive and Negative Symptoms of Schizophrenia Positive and Negative Symptoms of Schizophrenia
Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f
Two behavioral paradigms that are used extensively in the study of the neural mechanisms of ... Two behavioral paradigms that are used extensively in the study of the neural mechanisms of ...
Economics Today: The Micro View, 19th Edition Economics Today: The Micro View, 19th Edition
Video: Pressure volume relationships - Normal inspiration and expiration

For a complete list of videos, visit our video library