This topic contains a solution. Click here to go to the answer

Author Question: Real GDP is GDP in a given year A) valued in the prices of the base year. B) valued in the prices ... (Read 89 times)

2125004343

  • Hero Member
  • *****
  • Posts: 566
Real GDP is GDP in a given year
 
  A) valued in the prices of the base year. B) valued in the prices of that year.
  C) adjusted only for unanticipated inflation. D) adjusted only for anticipated inflation.

Question 2

If the marginal propensity to save is 0.25, then a 10,000 decrease in disposable income will
 
  A) increase consumption by 7,500. B) decrease consumption by 2,500.
  C) increase consumption by 2,500. D) decrease consumption by 7,500.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

A

Answer to Question 2

D




2125004343

  • Member
  • Posts: 566
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

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.

For a complete list of videos, visit our video library