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

Author Question: If nominal GDP rises we can say that A) production has risen and prices remain constant. B) ... (Read 70 times)

shofmannx20

  • Hero Member
  • *****
  • Posts: 562
on: Jun 29, 2018
If nominal GDP rises we can say that
 
  A) production has risen and prices remain constant.
  B) prices have risen and production remains constant.
  C) production has fallen and prices have risen.
  D) production has risen or prices have risen or both have risen.

Question 2

Refer to Figure 26-7. Suppose the Fed sells Treasury Bills in pursuit of contractionary monetary policy. Using the static AD-AS model in the figure above, this situation would be depicted as a movement from
 
  A) B to C. B) C to B. C) B to D. D) C to D. E) A to B.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gstein359

  • Sr. Member
  • ****
  • Posts: 293
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


shofmannx20

  • Hero Member
  • *****
  • Posts: 562
Reply #2 on: Jun 29, 2018
Correct answers!


gstein359

  • Sr. Member
  • ****
  • Posts: 293
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

A needle that drops to near zero when the engine is accelerated rapidly and then rises slightly to ... A needle that drops to near zero when the engine is accelerated rapidly and then rises slightly to ...
Concentration affects where the precipitin line forms. When 1 reactant is held at a constant ... Concentration affects where the precipitin line forms. When 1 reactant is held at a constant ...
Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ... Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ...
Hubbard’s Predication of Peak in U.S Oil Production with Actual Data Hubbard’s Predication of Peak in U.S Oil Production with Actual Data
Stem Cell Production Stem Cell Production
When 1.50 mol of CH4(g) reacts with excess Cl2(g) at constant pressure according to the ... When 1.50 mol of CH4(g) reacts with excess Cl2(g) at constant pressure according to the ...
Video: Steps of glucose catabolism

For a complete list of videos, visit our video library