« previous next »

Author Question: Can actual real GDP exceed potential GDP? What will be an ideal ... (Read 40 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
on: Jun 29, 2018
Can actual real GDP exceed potential GDP?
 
  What will be an ideal response?

Question 2

Which of the following is the best example of a good or service with an external benefit?
 
  A) gasoline
  B) education
  C) garbage disposal
  D) fertilizers
  E) bread


apple

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 29, 2018
Answer to Question 1

Yes, actual real GDP temporarily can exceed potential GDP as the economy nears a business cycle peak.

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Potential uses of stem cells Potential uses of stem cells
Establishing a steady-state resting membrane potential. Establishing a steady-state resting membrane potential.
Synaptic transmission. (a) Action potential reaches synapse; (b) neurotransmitter released synaptic ... Synaptic transmission. (a) Action potential reaches synapse; (b) neurotransmitter released synaptic ...
How to use the discriminant to determine the value of k in a quadratic with one real root How to use the discriminant to determine the value of k in a quadratic with one real root
Determine the # of real roots from the equation Determine the # of real roots from the equation
Video: Generalized life cycles for plants and animals Animation

For a complete list of videos, visit our video library