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

Author Question: When per capita real GDP is increasing, real output is growing: a. more rapidly than prices. b. ... (Read 22 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
on: Jun 30, 2018
When per capita real GDP is increasing, real output is growing:
 a. more rapidly than prices. b. more rapidly than population.
  c. less rapidly than prices. d. less rapidly than population.

Question 2

Assume that an inflationary gap must be closed by reducing aggregate expenditures. If consumers refuse to cut spending on consumption and producers won't cut demand for investment goods, the President:
 a. can do nothing.
  b. must build more roads.
  c. must borrow from Wall Street.
  d. must increase Social Security expenditures.
  e. must cut government spending.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

BUTTHOL369

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

e


PhilipSeeMore

  • Member
  • Posts: 561
Reply 2 on: Jun 30, 2018
Gracias!

ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Recombinants are meiotic output different from meiotic input Recombinants are meiotic output different from meiotic input
Prices in Japan before and after Opening to Trade Prices in Japan before and after Opening to Trade
Student Test Scores versus GDP per Capita Student Test Scores versus GDP per Capita
GDP per Capita in the United States, the United Kingdom, and Japan, 1870–2009 GDP per Capita in the United States, the United Kingdom, and Japan, 1870–2009
Please help me with a Real Estate Course Problem Please help me with a Real Estate Course Problem
Alpine tundra. Low-growing, hardy plants at a high altitude in Washington’s Cascade range. Alpine tundra. Low-growing, hardy plants at a high altitude in Washington’s Cascade range.
Video: Pasteur's Experiment

For a complete list of videos, visit our video library