Author Question: In a classical model A) equilibrium real GDP is demand determined. B) equilibrium real GDP is ... (Read 113 times)

mia

  • Hero Member
  • *****
  • Posts: 564
In a classical model
 
  A) equilibrium real GDP is demand determined.
  B) equilibrium real GDP is neither determined by aggregate supply nor by aggregate demand.
  C) equilibrium real GDP is determined by both aggregate supply and aggregate demand.
  D) equilibrium real GDP is supply determined.

Question 2

All of the following are flow variables EXCEPT
 
  A) saving. B) capital goods. C) consumption. D) investment.



cici

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

For a complete list of videos, visit our video library