« previous next »

Author Question: Over the business cycle, A) real GDP fluctuates around its trend. B) neither real GDP nor ... (Read 99 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
on: Jun 29, 2018
Over the business cycle,
 
  A) real GDP fluctuates around its trend.
  B) neither real GDP nor potential GDP fluctuates because they just grow smoothly along their trends.
  C) only real GDP fluctuates around its trend and potential GDP remains equal to its trend.
  D) only potential GDP fluctuates around its trend and real GDP remains equal to its trend.
  E) potential GDP fluctuates around its trend.

Question 2

Refer to Figure 18.4. With free trade, how many gloves are produced domestically in Duckland?
 
  A) 100 B) 80 C) 60 D) 0


rosiehomeworddo

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

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

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

The life cycle of the early diverging moss genus, Sphagnum, illustrating reproductive adaptations th The life cycle of the early diverging moss genus, Sphagnum, illustrating reproductive adaptations th
Elongation cycle. Elongation cycle.
The Hydrologic Cycle The Hydrologic Cycle
The nucleotide addition cycle in T. thermophilus RNA polymerase The nucleotide addition cycle in T. thermophilus RNA polymerase
The cardiac cycle The cardiac cycle
The time spent in each interval of one complete cell cycle of a human cell in culture The time spent in each interval of one complete cell cycle of a human cell in culture
Video: Cortisol (protein catabolism, gluconeogenesis, vasoconstriction & anti-inflammation)

For a complete list of videos, visit our video library