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

Author Question: Microeconomics is the study of topics such as national production and unemployment. Indicate ... (Read 106 times)

jace

  • Hero Member
  • *****
  • Posts: 541
on: Jun 29, 2018
Microeconomics is the study of topics such as national production and unemployment.
 
  Indicate whether the statement is true or false

Question 2

When real GDP exceeds potential GDP, then the economy has
 
  A) an inflationary gap.
  B) a below-full-employment equilibrium.
  C) a recessionary gap.
  D) None of the above answers are correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

abro1885

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

A


jace

  • Member
  • Posts: 541
Reply 2 on: Jun 29, 2018
:D TYSM

isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

A study by Seehausen and van Alphen involving the effects of male coloration on female choice in Afr A study by Seehausen and van Alphen involving the effects of male coloration on female choice in Afr
A grizzly bear in Yellowstone National Park. A grizzly bear in Yellowstone National Park.
If sociologists were to study land diving on Pentecost Island in Vanuatu, they could use a variety ... If sociologists were to study land diving on Pentecost Island in Vanuatu, they could use a variety ...
Global Coffee Production Global Coffee Production
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
You have four guinea pigs for a genetic study. One male and one female are from a strain that ... You have four guinea pigs for a genetic study. One male and one female are from a strain that ...
Video: The pH scale - Strong acids and Weak acids

For a complete list of videos, visit our video library