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Author Question: Nominal GDP is A) real GDP adjusted for price changes. B) GDP valued at prices of that year. C) ... (Read 198 times)

Sufayan.ah

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on: Jun 29, 2018
Nominal GDP is
 
  A) real GDP adjusted for price changes.
  B) GDP valued at prices of that year.
  C) GDP valued at constant prices.
  D) real GDP valued at base year prices.

Question 2

Which of the following changes does NOT shift the long-run aggregate supply curve?
 
  A) a decrease in the labor force
  B) a fall in the price level
  C) a rise in number of college graduates in the labor force
  D) a tax hike that reduces the capital stock


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zogaridan

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Sufayan.ah

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

upturnedfurball

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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