This topic contains a solution. Click here to go to the answer

Author Question: The Classical macroeconomic model proposes that A) real GDP equals potential GDP as long as ... (Read 79 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
The Classical macroeconomic model proposes that
 
  A) real GDP equals potential GDP as long as inflation equals zero.
  B) government intervention is required to help the economy reach its potential.
  C) changes in the quantity of money are critical in driving economic growth.
  D) socialism produces the most efficient economic outcomes for a society.
  E) markets work efficiently to produce the best macroeconomic outcomes.

Question 2

What is the good or service is given the most weight in the CPI?
 
  A) housing
  B) apparel
  C) recreation
  D) food and beverages
  E) transportation



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nickk12214

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

E

Answer to Question 2

A




Yi-Chen

  • Member
  • Posts: 550
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

For a complete list of videos, visit our video library