Author Question: If real GDP is increasing more rapidly than population: a. population must be declining. b. the ... (Read 104 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
If real GDP is increasing more rapidly than population:
 a. population must be declining.
  b. the country will have to export more than it imports.
  c. the general level of prices must be increasing.
  d. per capita real GDP will be increasing.

Question 2

In the aggregate expenditures model, if an economy operates below equilibrium GDP, there will be unplanned inventory depletion.
 a. True
  b. False
  Indicate whether the statement is true or false



chevyboi1976

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

d

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

For a complete list of videos, visit our video library