The national income accounting system measures economic activity based on the concept of _____.
a. absolute advantage of different industries in an economy
b. the circular flow of precious metal and money through the different sectors of an economy
c. comparative advantage of different industries in an economy
d. the circular flow of output and income through the different sectors of an economy
e. the circular flow of labor and other resources through the different sectors of an economy
Question 2
If fiscal policy makers increase aggregate demand in an attempt to decrease the unemployment rate below the natural rate of unemployment, then:
a. the potential GDP will decrease.
b. the potential GDP will increase.
c. the only lasting impact of the policy is a higher price level.
d. the only lasting impact of the policy is higher real GDP.
e. the only lasting impact of the policy is lower real GDP.
Measures of ocean chlorophyll-a concentrations from part of Atlantic Canada in (a) January 2006, and
Disorders of the Male Reproductive System
Overview of the nervous system.
Anticholinergic Drugs and Drugs with Anticholinergic Activity Used for Parkinsonism
The respiratory system.