« previous next »

Author Question: When the unemployment rate is ________ the natural unemployment rate, real GDP is ________. A) ... (Read 78 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
on: Jun 29, 2018
When the unemployment rate is ________ the natural unemployment rate, real GDP is ________.
 
  A) above; increasing
  B) above; above potential GDP
  C) below; above potential GDP
  D) below; increasing
  E) equal to; either equal to potential GDP or above potential GDP

Question 2

The ultimate or absolute measure of value in the opportunity cost perspective
 
  A) does not exist.
  B) is the labor embodied in goods.
  C) is the money price of the goods.
  D) is the nonrenewable resources consumed in producing the goods.


kingdude89

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

THE RATE OF PHOTOSYNTHESIS THE RATE OF PHOTOSYNTHESIS
For this bimolecular reaction, the rate constant k is second order For this bimolecular reaction, the rate constant k is second order
The birth weight of human infants is tightly constrained by natural selection. The birth weight of human infants is tightly constrained by natural selection.
The Rate Law The Rate Law
The rate of global emissions is rising rapidly, especially in India and China The rate of global emissions is rising rapidly, especially in India and China
Outgroup role in relative rate test Outgroup role in relative rate test
Video: Introduction to Tuberculosis

For a complete list of videos, visit our video library