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

Author Question: If real GDP increases we know for sure that A) prices have risen but output has remained ... (Read 57 times)

olgavictoria

  • Hero Member
  • *****
  • Posts: 528
on: Jun 29, 2018
If real GDP increases we know for sure that
 
  A) prices have risen but output has remained constant.
  B) output has risen.
  C) prices have remained constant.
  D) prices have risen.

Question 2

On the long-run aggregate supply curve
 
  A) an increase in the price level reduces the aggregate quantity of GDP supplied.
  B) an increase in the price level has no effect on the aggregate quantity of GDP supplied.
  C) an increase in the price level increases the level of potential GDP.
  D) an increase in the price level increases the aggregate quantity of GDP supplied.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


olgavictoria

  • Member
  • Posts: 528
Reply 2 on: Jun 29, 2018
Wow, this really help

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

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.

Arctic and alpine cushion plant form and orientation increases heat gain from sunlight and the surro Arctic and alpine cushion plant form and orientation increases heat gain from sunlight and the surro
The signal voltage from a throttle position increases as the throttle is opened because the wiper ... The signal voltage from a throttle position increases as the throttle is opened because the wiper ...
The major cortical input and output pathways of the posterior parietal association cortex. Shown are ... The major cortical input and output pathways of the posterior parietal association cortex. Shown are ...
Solar output Solar output
Let f be a real function with domain R. Suppose that for each ǫ > 0, there is a continuous ... Let f be a real function with domain R. Suppose that for each ǫ > 0, there is a continuous ...
Video: Biological organic compounds

For a complete list of videos, visit our video library