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

Author Question: Nominal income is equal to real income if the CPI is less than 100. Indicate whether the ... (Read 94 times)

future617RT

  • Hero Member
  • *****
  • Posts: 543
on: Jun 29, 2018
Nominal income is equal to real income if the CPI is less than 100.
 
  Indicate whether the statement is true or false

Question 2

Refer to Figure 24-3. Suppose the economy is at point A. If investment spending increases in the economy, where will the eventual long-run equilibrium be?
 
  A) A B) B C) C D) D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

livaneabi

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


future617RT

  • Member
  • Posts: 543
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Worldwide Variations in Population and Income Levels Worldwide Variations in Population and Income Levels
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Income of Adult Children Compared With That of Their Parents Income of Adult Children Compared With That of Their Parents
Are reality shows “real”? Does the media tell the “truth”? Are reality shows “real”? Does the media tell the “truth”?
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Video: Hershey Chase Experiments

For a complete list of videos, visit our video library