This topic contains a solution. Click here to go to the answer

Author Question: Gross domestic product (GDP) is a satisfactory measure of both economic goods and bads. a. True b. ... (Read 96 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
Gross domestic product (GDP) is a satisfactory measure of both economic goods and bads.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Assuming prices and wages are fully flexible, the aggregate supply curve will be:
 a. upward sloping, but not vertical.
  b. vertical.
  c. horizontal.
  d. downward sloping.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maaaaaaaaaa

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

False

Answer to Question 2

b




nramada

  • Member
  • Posts: 580
Reply 2 on: Jun 30, 2018
Wow, this really help


parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Excellent

 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

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?

Excessive alcohol use costs the country approximately $235 billion every year.

For a complete list of videos, visit our video library