« previous next »

Author Question: Refer to Figure 2-10. In the circular flow diagram, economic agents M represent A) product ... (Read 95 times)

809779

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
Refer to Figure 2-10. In the circular flow diagram, economic agents M represent
 
  A) product markets. B) firms. C) factor markets. D) households.

Question 2

Potential GDP is defined as
 
  A) the amount of GDP produced if there is no structural unemployment.
  B) the level of GDP attained when all firms are producing at capacity.
  C) the maximum of GDP that the economy can produce.
  D) the amount of GDP produced if there is no frictional unemployment.


kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Heritability (h2) of Addiction to Specific Addictive Agents Heritability (h2) of Addiction to Specific Addictive Agents
Schematic diagram showing polyclonal response by B cells against linear epitopes. Schematic diagram showing polyclonal response by B cells against linear epitopes.
Classification of Antihypertensive Agents Classification of Antihypertensive Agents
Apply circular friction around the knee with the heels of the hands moving the skin over soft ... Apply circular friction around the knee with the heels of the hands moving the skin over soft ...
CSF Flow - Sagittal section of brain and spinal cord CSF Flow - Sagittal section of brain and spinal cord
economic question economic question
Video: Febrile Seizure

For a complete list of videos, visit our video library