Author Question: During a recession, A) real GDP is less than potential GDP. B) real GDP is equal to potential ... (Read 88 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
During a recession,
 
  A) real GDP is less than potential GDP.
  B) real GDP is equal to potential GDP.
  C) the actual unemployment rate is less than the natural unemployment rate.
  D) real GDP is greater than potential GDP.
  E) the relationship between real GDP and potential GDP no longer exists.

Question 2

When the United States exports goods and services to France, there is an increase in the
 
  A) demand for dollars.
  B) supply of French francs.
  C) supply of dollars.
  D) U.S. capital account balance.
  E) U.S. official settlements account balance.



kthug

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

For a complete list of videos, visit our video library