Author Question: Other things equal, along the aggregate demand curve, a higher price level is associated with A) ... (Read 73 times)

clippers!

  • Hero Member
  • *****
  • Posts: 828
Other things equal, along the aggregate demand curve, a higher price level is associated with
 
  A) an increase in the quantity of real GDP demanded.
  B) a decrease in the quantity of real GDP demanded.
  C) a decrease in the quantity of nominal GDP demanded.
  D) higher income levels.

Question 2

Human capital is the
 
  A) machinery used by humans to produce GDP.
  B) technology used by humans to produce GDP.
  C) skill and knowledge accumulated by humans.
  D) plant and equipment produced by humans and not by machines.



Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

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

For a complete list of videos, visit our video library