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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 100 times)

2125004343

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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.



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anyusername12131

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Answer to Question 1

A

Answer to Question 2

D




2125004343

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


ashely1112

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Reply 3 on: Yesterday
Gracias!

 

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