In the above figure, if the relevant aggregate demand curve is AD2, what type of gap exists and how large is it?
A) inflationary gap of 1 trillion B) recessionary gap of 500 billion
C) inflationary gap of 500 billion D) recessionary gap of 1 trillion
Question 2
If Eddie can produce 40 milk shakes or 20 banana splits in an hour, and Tina can produce 30 milk shakes or 16 banana splits in an hour, then Tina has a comparative advantage in producing banana splits.
Indicate whether the statement is true or false
The skullcap from Trinil, Java is the type specimen for H. erectus and is about 900,000 years old.
The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h
Titration curve for aspartic acid
Comparison of A-type Climates
Figure and Ground
Construct a Lorenz curve that shows income distribution in this society.