« previous next »

Author Question: Real GDP is 13 trillion and aggregate planned expenditure is 14 trillion. As a result, unplanned ... (Read 51 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
on: Jun 29, 2018
Real GDP is 13 trillion and aggregate planned expenditure is 14 trillion. As a result, unplanned inventory change is ________ and real GDP ________.
 
  A) negative; decreases
  B) positive; increases
  C) negative; increases
  D) positive; decreases
  E) negative; does not change

Question 2

If velocity does not change and the quantity of money grows at the same rate as does real GDP, then in the long run
 
  A) the real interest rate is less than the nominal interest rate.
  B) the inflation rate equals zero.
  C) the nominal interest rate equals zero.
  D) the inflation rate equals the growth rate of the quantity of money.
  E) the nominal interest rate is less than the real interest rate.


Ksanderson1296

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

As a result of sharing its environment with humans, this macaque had the opportunity to steal an ast As a result of sharing its environment with humans, this macaque had the opportunity to steal an ast
dinosaurs were real dinosaurs were real
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
How to use the discriminant to determine the value of k in a quadratic with one real root How to use the discriminant to determine the value of k in a quadratic with one real root
As a result of a hole in the graph, which of the following functions does not have an average ... As a result of a hole in the graph, which of the following functions does not have an average ...
Aggregate Fruits: Strawberry Aggregate Fruits: Strawberry
Video: How a Urinalysis is Performed

For a complete list of videos, visit our video library