Author Question: In a classical model A) equilibrium real GDP is demand determined. B) equilibrium real GDP is ... (Read 114 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?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library