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Author Question: Most government purchases are made at the federal level and not at the state level. a. True b. ... (Read 115 times)

frankwu

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on: Jun 30, 2018
Most government purchases are made at the federal level and not at the state level.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The nominal gross domestic product (GDP) for a country was 1,000 in 2003 and 1,500 in 2004 . The GDP price index was 100 in 2003 and 150 in 2004 . Between 2003 and 2004, real GDP _____.
 a. increased by 500
  b. increased by 333
  c. increased by 50
  d. remained the same
  e. decreased by 50


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daiying98

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

d


frankwu

  • Member
  • Posts: 549
Reply 2 on: Jun 30, 2018
Wow, this really help

rachel

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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