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

Author Question: A decrease in government purchases can close an expansionary gap by shifting the aggregate demand ... (Read 45 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
on: Jun 30, 2018
A decrease in government purchases can close an expansionary gap by shifting the aggregate demand curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the real gross domestic product (GDP) for the base year is 4 trillion, then the nominal gross domestic product (GDP) for that year is _____.
 a. .04 trillion
  b. 0.4 trillion
 c. 4 trillion
 d. 40 trillion
 e. 400 trillion


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nanny

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

True

Answer to Question 2

c


dakota nelson

  • Member
  • Posts: 604
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Jossy

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Close-up of Pluto Close-up of Pluto
a) Lunge with your legs open to the table. b) Avoid lunging with your legs close to table. a) Lunge with your legs open to the table. b) Avoid lunging with your legs close to table.
Excessive video gaming decrease social and physical development in a child Excessive video gaming decrease social and physical development in a child
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
The constitutional division of Powers Between the National Government and the States The constitutional division of Powers Between the National Government and the States
Decrease in mean haplotype heterozygosity Decrease in mean haplotype heterozygosity
Video: Activation Energy - Valence Electrons

For a complete list of videos, visit our video library