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Author Question: Which components of aggregate expenditure change as a result of real GDP changing? A) consumption ... (Read 64 times)

audragclark

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Which components of aggregate expenditure change as a result of real GDP changing?
 
  A) consumption expenditure, investment, and government expenditure on goods and services
  B) consumption expenditure and investment
  C) consumption expenditure and imports
  D) consumption expenditure and government expenditure on goods and services
  E) consumption expenditure, investment, and exports

Question 2

Real GDP measures the value of goods and services produced in a given year using
 
  A) base year prices.
  B) prices of that same year.
  C) future prices.
  D) no prices.
  E) government approved prices.



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Loise Hard

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Answer to Question 1

C

Answer to Question 2

A




audragclark

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


Animal_Goddess

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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