« previous next »

Author Question: When differences between nominal GDP and real GDP result due to price changes and nothing else is ... (Read 63 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
on: Jun 30, 2018
When differences between nominal GDP and real GDP result due to price changes and nothing else is compared, an index is created called the
 
  A) consumer price index. B) index of leading indicators.
  C) GDP deflator. D) inflation index.

Question 2

The quantity theory of money and prices assumes
 
  A) the price level is increasing at a constant rate. B) the price level is constant.
  C) real output is constant. D) velocity is constant.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


tashiedavis420

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Normal and sickle-cell hemoglobin. (a) Subtle differences between the conformations of hemoglobin A Normal and sickle-cell hemoglobin. (a) Subtle differences between the conformations of hemoglobin A
Two transesterification reactions that result in splicing of exons in pre-mRNA Two transesterification reactions that result in splicing of exons in pre-mRNA
Pressure is a result of the atmosphere’s mass. Pressure is a result of the atmosphere’s mass.
Quartic First Differences Quartic First Differences
comparisons/differences comparisons/differences
How Rh differences can complicate pregnancy. How Rh differences can complicate pregnancy.
Video: Interview with Person having Obsessive Compulsive Disorder

For a complete list of videos, visit our video library