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

Author Question: When the price level rises and the money wage rate does not change, A) the quantity of potential ... (Read 181 times)

jho37

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
When the price level rises and the money wage rate does not change,
 
  A) the quantity of potential GDP increases because the quantity of real GDP supplied increases.
  B) the quantity of real GDP supplied increases as more businesses start up and potential GDP does not change.
  C) existing businesses do not change their level of output.
  D) profits fall and more businesses fail.
  E) the quantity of real GDP supplied decreases as more businesses fail and potential GDP does not change.

Question 2

In 2012, the United States had
 
  A) a current account deficit because imports were greater than exports.
  B) a current account deficit and a capital and financial account deficit.
  C) a capital and financial account deficit because exports were greater than imports.
  D) a current account surplus because imports were greater than exports.
  E) no change in U.S. official reserves.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


jho37

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Wow, this really help

bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Substrate–level phosphorylation. Substrate–level phosphorylation.
Potential applications of embryonic and tissue specific adult stem cell in cellular and gene theraph Potential applications of embryonic and tissue specific adult stem cell in cellular and gene theraph
Relative rate test, calibrating the molecular clock, and calculating divergence dates. Relative rate test, calibrating the molecular clock, and calculating divergence dates.
Alan Price - Poor People Alan Price - Poor People
How would you rate your overall health?” The percent of adults answering “excellent” or ... How would you rate your overall health?” The percent of adults answering “excellent” or ...
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Video: Muscle Fatigue and Recovery

For a complete list of videos, visit our video library