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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 120 times)

acc299

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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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Answer to Question 1

C

Answer to Question 2

C





 

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