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

Author Question: If Year 1 is the base year, the growth of real GDP is approximately A) 100. B) 109.5. C) 137.5. ... (Read 44 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
If Year 1 is the base year, the growth of real GDP is approximately
 
  A) 100.
  B) 109.5.
  C) 137.5.
  D) 148.

Question 2

If output begins to grow substantially faster than capital and labor inputs, then the real business cycle model predicts, ceteris paribus, ________.
 
  A) an increase in inflation
  B) a decrease in employment
  C) a decrease in investment
  D) a business cycle expansion


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


Jkov05

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

How to find the derivative of a function when the base and exponent contain a variable x^x How to find the derivative of a function when the base and exponent contain a variable x^x
World Population Growth World Population Growth
The year 2010 was the hottest since 1880 The year 2010 was the hottest since 1880
Population growth in India, China, Africa, and other countries in the developing world Population growth in India, China, Africa, and other countries in the developing world
Bacteria growth curve Bacteria growth curve
Prove that each of the following real functions f has a discontinuity. For each function, ... Prove that each of the following real functions f has a discontinuity. For each function, ...
Video: Leukemia

For a complete list of videos, visit our video library