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Author Question: The circular flow diagram shows A) how nominal GDP is distinct from real GDP. B) how the prices ... (Read 70 times)

strangeaffliction

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The circular flow diagram shows
 
  A) how nominal GDP is distinct from real GDP.
  B) how the prices of factors are determined.
  C) the effects of inflation in a simple economy.
  D) the flows between different sectors of the economy.

Question 2

The official U-3 unemployment rate includes the total number of people who
 
  A) have jobs or are currently looking for jobs.
  B) are available and looking for work but unable to find employment.
  C) would like to have a job but have stopped seeking work.
  D) would like to have a full-time job but are working part-time.



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Laurenleakan

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Answer to Question 1

D

Answer to Question 2

B




strangeaffliction

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


diana chang

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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