Author Question: During a recession, A) real GDP is less than potential GDP. B) real GDP is equal to potential ... (Read 39 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?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

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?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

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

For a complete list of videos, visit our video library