This topic contains a solution. Click here to go to the answer

Author Question: When cost-push inflation starts, real GDP ________ and the price level ________. A) decreases; ... (Read 572 times)

jenna1

  • Hero Member
  • *****
  • Posts: 568
When cost-push inflation starts, real GDP ________ and the price level ________.
 
  A) decreases; falls
  B) does not change; falls
  C) decreases; rises
  D) does not change; does not change
  E) increases; falls

Question 2

Making bread at home would be more efficient than making it in commercial bakeries
 
  A) for people who place a sufficiently high value on home baked bread.
  B) if the ingredients used to make bread increased sufficiently in price.
  C) if the price of bread made in commercial bakeries did not reflect the efficiency of bakeries.
  D) if there were no labor costs in home baked bread.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

reelove4eva

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

C

Answer to Question 2

A




jenna1

  • Member
  • Posts: 568
Reply 2 on: Jun 29, 2018
:D TYSM


juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

For a complete list of videos, visit our video library