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Author Question: Based on the data in the above table, gross domestic product equals A) 2,190. B) 2,840. C) ... (Read 121 times)

acc299

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on: Jun 29, 2018
Based on the data in the above table, gross domestic product equals
 
  A) 2,190.
  B) 2,840.
  C) 2,465.
  D) 2,750.

Question 2

For movements along the long-run aggregate supply curve
 
  A) potential GDP is dependent on the price level.
  B) the prices of goods and services change while the prices of productive resources hold steady.
  C) the price level and the money wage rate change by the same percentage.
  D) All of the above are correct.


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SeanoH09

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

C

Answer to Question 2

C


acc299

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Reply #2 on: Jun 29, 2018
Thank you


SeanoH09

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Reply #3 on: Jun 29, 2018
No problemo


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