This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When the price level rises and the money wage rate does not change, A) the quantity of potential ... (Read 118 times)

jho37

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
When the price level rises and the money wage rate does not change,
 
  A) the quantity of potential GDP increases because the quantity of real GDP supplied increases.
  B) the quantity of real GDP supplied increases as more businesses start up and potential GDP does not change.
  C) existing businesses do not change their level of output.
  D) profits fall and more businesses fail.
  E) the quantity of real GDP supplied decreases as more businesses fail and potential GDP does not change.

Question 2

In 2012, the United States had
 
  A) a current account deficit because imports were greater than exports.
  B) a current account deficit and a capital and financial account deficit.
  C) a capital and financial account deficit because exports were greater than imports.
  D) a current account surplus because imports were greater than exports.
  E) no change in U.S. official reserves.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


jho37

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
:D TYSM

bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Nursing Interventions and Prochaska's Stages of Change Nursing Interventions and Prochaska's Stages of Change
Elaboration Likelihood Model of Attitude Change Elaboration Likelihood Model of Attitude Change
Normal change in sea level Normal change in sea level
Potential gas reserves have increased significantly with the discovery of new shale gas formations Potential gas reserves have increased significantly with the discovery of new shale gas formations
You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ... You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ...
Change in the frequency of a lethal recessive allele, a Change in the frequency of a lethal recessive allele, a
Video: Hormonal regulation of pregnancy - weeks 2 through 38

For a complete list of videos, visit our video library