« previous next »

Author Question: In the above figure, the aggregate demand curve is AD2, so the long-run equilibrium level of real ... (Read 83 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
In the above figure, the aggregate demand curve is AD2, so the long-run equilibrium level of real GDP is
 
  A) 16 trillion.
  B) 16.5 trillion.
  C) more than 16 and less than 16.5 trillion.
  D) None of the above answers is correct.

Question 2

Suppose U.S. net exports are -400 billion and the U.S. government sector surplus is 200 billion. Then in the private sector, saving minus investment equals
 
  A) -600 billion.
  B) -200 billion.
  C) +600 billion.
  D) +200 billion.


ricroger

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

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
Attributed to the Manner of Peleus Painter, Red-figure calyx-krater. Attributed to the Manner of Peleus Painter, Red-figure calyx-krater.
The illusory bands visible in this figure are often called Mach bands, although Mach used a ... The illusory bands visible in this figure are often called Mach bands, although Mach used a ...
J or U dose-response curve J or U dose-response curve
The growth in demand for oil in China is driven by the growth in demand for personal transport The growth in demand for oil in China is driven by the growth in demand for personal transport
Video: Introduction to Diabetes

For a complete list of videos, visit our video library