This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The total of all planned production for the entire economy is known as A) aggregate inflation. B) ... (Read 39 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
on: Jun 30, 2018
The total of all planned production for the entire economy is known as
 
  A) aggregate inflation. B) aggregate supply.
  C) aggregate expenditures. D) aggregate demand.

Question 2

Which of the following is a TRUE statement concerning economic growth?
 
  A) Changes in per capita nominal GDP are used to measure economic growth, but there are serious problems concerning the desirability of using figures that do not account for pollution and urban sprawl.
  B) Changes in per capita real GDP are used to measure economic growth because inflation and population growth can distort nominal GDP figures or total GDP figures.
  C) Changes in per capita nominal GDP are used to measure economic growth because population growth can distort the figures and we want to use the nominal amounts since that is what people identify with.
  D) Changes in per capita real GDP are used to measure economic growth because this accurately measures all the differences in living standards across countries.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

billybob123

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


mynx

  • Member
  • Posts: 555
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

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?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Effects of Living in Total Darkness on Monoaminergic Systems Effects of Living in Total Darkness on Monoaminergic Systems
The Importance in the World Fossil Fuel Economy The Importance in the World Fossil Fuel Economy
Apply palm compressions using both hands over the entire back and shoulder musculature. Apply palm compressions using both hands over the entire back and shoulder musculature.
Apply long effleurage stroke to entire arm, from hand to shoulder. Brush off from shoulder to hand. ... Apply long effleurage stroke to entire arm, from hand to shoulder. Brush off from shoulder to hand. ...
(A) Effleurage to entire arm to apply oil or lotion. (B) Apply with flat palms and fingers from ... (A) Effleurage to entire arm to apply oil or lotion. (B) Apply with flat palms and fingers from ...
Ethylene Production During Strawberry Ripening Ethylene Production During Strawberry Ripening
Video: Forming urine ( influencing factors), Forming dilute urine & Forming concentrated urine

For a complete list of videos, visit our video library