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

Author Question: When the BEA calculates real GDP using the average of prices in the current year and the year ... (Read 77 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
When the BEA calculates real GDP using the average of prices in the current year and the year preceding it, and this average changes from year to year, this is called calculating GDP using
 
  A) current-year prices. B) fixed-weight prices.
  C) fixed base-year prices. D) chained-weighted prices.

Question 2

________ spending follows a smooth trend whereas, ________ spending is more volatile and subject to fluctuations.
 
  A) Government; consumer B) Consumer; government
  C) Consumer; investment D) Investment; consumer


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

underwood14

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


mynx

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Jun 29, 2018
Correct answers!


underwood14

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Menstrual cycle summary based on a 28-day (average) menstrual cycle. Menstrual cycle summary based on a 28-day (average) menstrual cycle.
20,000 year old Arctic ground squirrel mummy 20,000 year old Arctic ground squirrel mummy
Drawing of Central PompeII In Its Current State Drawing of Central PompeII In Its Current State
What is the current flowing through the resistor? What is the current flowing through the resistor?
Number line (real numbers) Number line (real numbers)
New year kid drawing New year kid drawing
Video: Hormonal regulation of pregnancy - week 1

For a complete list of videos, visit our video library