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

Author Question: If the real gross domestic product (GDP) is 5 trillion for a particular year and the GDP price index ... (Read 39 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
on: Jun 30, 2018
If the real gross domestic product (GDP) is 5 trillion for a particular year and the GDP price index is 140, then the nominal GDP is 7 trillion.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Since 1929, the distribution of income in the United States has become:
 a. substantially more equal.
  b. slightly more equal.
  c. slightly more unequal.
  d. substantially more unequal.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

stano32

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

b


big1devin

  • Member
  • Posts: 583
Reply 2 on: Jun 30, 2018
Excellent

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

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?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

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?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

20,000 year old spotted hyena painting from the Chauvet Cave, France 20,000 year old spotted hyena painting from the Chauvet Cave, France
Heat Index Heat Index
Rub the ears between your thumbs and index fingers. Follow the curves to rub the entire ear, ... Rub the ears between your thumbs and index fingers. Follow the curves to rub the entire ear, ...
How to use the discriminant to determine the value of k in a quadratic with no real roots How to use the discriminant to determine the value of k in a quadratic with no real roots
Importance of Considering Gestalt Principles in Product Design Importance of Considering Gestalt Principles in Product Design
To find the derivative use product rule To find the derivative use product rule
Video: Acid-base imbalances - respiratory acidosis and alkalosis

For a complete list of videos, visit our video library