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Author Question: In a classical model A) equilibrium real GDP is demand determined. B) equilibrium real GDP is ... (Read 77 times)

mia

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on: Jun 30, 2018
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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


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