« previous next »

Author Question: An individual holds 10,000 in a checking account and the price level rises significantly. Hence ... (Read 22 times)

student77

  • Hero Member
  • *****
  • Posts: 567
on: Jun 29, 2018
An individual holds 10,000 in a checking account and the price level rises significantly. Hence
 
  A) the individual's real wealth and consumption expenditure decrease.
  B) the individual's real wealth decreases but real national wealth increases.
  C) there is no change in the individual's real wealth.
  D) the individual's real wealth increases.

Question 2

If the economy is at full employment
 
  A) the entire population is employed.
  B) the entire labor force is employed.
  C) the only unemployment is frictional unemployment plus discouraged workers.
  D) real GDP equals potential GDP.


akemokai

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

An individual affected by xeroderma pigmentosum An individual affected by xeroderma pigmentosum
Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
Physiological effects of the accumulation of lactose in the intestines of a lactose-intolerant indiv Physiological effects of the accumulation of lactose in the intestines of a lactose-intolerant indiv
Examples of Basic-Level, Subordinate, and Superordinate Concepts Examples of Basic-Level, Subordinate, and Superordinate Concepts
Muscle structure seen at the EM level Muscle structure seen at the EM level
Ramey's study, children from poverty-level families IQ experiment Ramey's study, children from poverty-level families IQ experiment
Video: Interview with an Anorexic Woman (Part 1 of 2)

For a complete list of videos, visit our video library