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

Author Question: Which of the following could cause nominal GDP to decrease, but real GDP to increase? A) The ... (Read 21 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
on: Jun 29, 2018
Which of the following could cause nominal GDP to decrease, but real GDP to increase?
 
  A) The price level rises and the quantity of final goods and services produced rises.
  B) The price level falls and the quantity of final goods and services produced falls.
  C) The price level rises and the quantity of final goods and services produced falls.
  D) The price level falls and the quantity of final goods and services produced rises.

Question 2

Which of the following would cause the short-run aggregate supply curve to shift to the right?
 
  A) an increase in the price level B) a technological advance
  C) a decrease in inflation expectations D) an increase in interest rates


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


vicky

  • Member
  • Posts: 586
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
United States, southwestern and southern states are suffer from a significant decrease in rainfall United States, southwestern and southern states are suffer from a significant decrease in rainfall
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Prove that each of the following real functions f has a discontinuity. For each function, ... Prove that each of the following real functions f has a discontinuity. For each function, ...
Video: Covalent bonds - role in the body

For a complete list of videos, visit our video library