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Author Question: As real GDP ________, aggregate planned expenditure ________. A) decreases; remains the same, ... (Read 107 times)

SAVANNAHHOOPER23

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As real GDP ________, aggregate planned expenditure ________.
 
  A) decreases; remains the same, because it is independent from real GDP
  B) increases; remains the same, because the increase in some components is precisely offset by the decrease in others
  C) increases; decreases
  D) decreases; increases
  E) increases; increases

Question 2

Looking over the last six decades since 1950, how did the average U.S. unemployment rate during the 2000s compare to the other five decades?
 
  What will be an ideal response?



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AISCAMPING

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Answer to Question 1

E

Answer to Question 2

The average unemployment rate during the 2000s was essentially tied for the second highest decade-average unemployment rate for the five decades since 1950. The decade-average unemployment rate during the 2000s was higher than the average unemployment rates during the 1950s, 1960s, and 1990s. It was basically tied with the decade average unemployment rate during the 1970s and was lower the highest decade average unemployment rate during the 1980s.




SAVANNAHHOOPER23

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Reply 2 on: Jun 29, 2018
Excellent


Joy Chen

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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