This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The circular flow diagram shows A) how nominal GDP is distinct from real GDP. B) how the prices ... (Read 68 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
on: Jun 29, 2018
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


strangeaffliction

  • Member
  • Posts: 660
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Heart Diagram Heart Diagram
Plant Diagram Plant Diagram
The “Old Man” from La Chapelle shows evidence of extensive tooth loss and bone resorption. The “Old Man” from La Chapelle shows evidence of extensive tooth loss and bone resorption.
A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president
This frame from a home video shows Eric Harris (on the left) and Dylan Klebold (on the right) as ... This frame from a home video shows Eric Harris (on the left) and Dylan Klebold (on the right) as ...
Diagram of lab Diagram of lab
Video: Electrical changes in the heart

For a complete list of videos, visit our video library