« previous next »

Author Question: An economy that self-corrects a recessionary gap will experience falling nominal wages, rising real ... (Read 22 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
on: Jun 30, 2018
An economy that self-corrects a recessionary gap will experience falling nominal wages, rising real wages, and falling output.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Both those who favor an active approach as well as those who favor a passive approach to policy believe that the economy can suffer from extreme and long-lasting swings in real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false


carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Rising and Setting of Stars at Middle North Latitudes Rising and Setting of Stars at Middle North Latitudes
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
Good ethical judgment comes from both learning and experience. Good ethical judgment comes from both learning and experience.
Effect of Education on Wages Effect of Education on Wages
Ratio of College Wages to High-School Wages Ratio of College Wages to High-School Wages
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: Causes of Acne

For a complete list of videos, visit our video library