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

Author Question: In any year, real GDP A) must always be less than potential GDP. B) might be greater or less ... (Read 48 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
In any year, real GDP
 
  A) must always be less than potential GDP.
  B) might be greater or less than potential GDP.
  C) will always be greater than potential GDP because of the tendency of nations to incur inflation.
  D) always equals potential GDP.

Question 2

Which of the following shifts both the LAS and SAS curves?
 
  A) a change in the price level
  B) a change in the money wage rate
  C) a simultaneous change in both the price level and the money wage rate
  D) an advance in technology


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amit

  • Sr. Member
  • ****
  • Posts: 364
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


roselinechinyere27m

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

The nitrogen cycle. Numbers represent fluxes as 1012 g N per year (data from Schlesinger 1991, after The nitrogen cycle. Numbers represent fluxes as 1012 g N per year (data from Schlesinger 1991, after
Rate of Residential Change, Past Year, in the United States Rate of Residential Change, Past Year, in the United States
A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president
Establishing a steady-state resting membrane potential. Establishing a steady-state resting membrane potential.
Action potential conduction in unmyelinated axons. Action potential conduction in unmyelinated axons.
Suggested Antibiotic Prophylaxis Regimens in Patients at Potential Increased Risk of Hematogenous ... Suggested Antibiotic Prophylaxis Regimens in Patients at Potential Increased Risk of Hematogenous ...
Video: Studying the Left and Right Brain Independently

For a complete list of videos, visit our video library