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

Author Question: In the above figure, point C represents A) a recessionary gap. B) a full-employment equilibrium. ... (Read 175 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
on: Jun 29, 2018
In the above figure, point C represents
 
  A) a recessionary gap.
  B) a full-employment equilibrium.
  C) an inflationary gap.
  D) a decrease in aggregate demand.

Question 2

The chain-weighted output index method of calculating real GDP compares
 
  A) compares the quantities of goods produced in consecutive years using prices in both years and averaging the percentage changes in the value of output.
  B) quantities produced in different years using prices from a year chosen as a reference period.
  C) quantities produced in different years with the prices that prevailed during the year in which the output was produced.
  D) prices at different points in time using a sample of goods that is representative of goods purchased by households.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nothere

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


bobbysung

  • Hero Member
  • *****
  • Posts: 519
Reply #2 on: Jun 29, 2018
Thank you :)


nothere

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

A full-term pregnancy. Image illustrates position of the fetus and the structures associated with pr A full-term pregnancy. Image illustrates position of the fetus and the structures associated with pr
McBurney’s point is the common location of pain in children and adolescents with appendicitis. McBurney’s point is the common location of pain in children and adolescents with appendicitis.
Ugonachomma display figure, Igbo, Nigeria. Ugonachomma display figure, Igbo, Nigeria.
POWER POINT PRESENTATION logo POWER POINT PRESENTATION logo
. Calculate the net electric field at point B . Calculate the net electric field at point B
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ... The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library