« previous next »

Author Question: Which of the following variables is fixed in the aggregate expenditure model? A) output B) real ... (Read 114 times)

codyclark

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
Which of the following variables is fixed in the aggregate expenditure model?
 
  A) output
  B) real GDP
  C) consumption
  D) investment
  E) price level

Question 2

Assume you have a credit card balance of 2,000 at 15 percent and the inflation rate is 3 percent. What are the nominal and real interest rates?
 
  A) 15 percent nominal and 12 percent real
  B) 12 percent nominal and 15 percent real
  C) 15 percent nominal and 3 percent real
  D) 3 percent nominal and 12 percent real
  E) 15 percent nominal and 18 percent real


mjbamaung

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

A molecular model showing chromosome territories in the cell nucleus of humans A molecular model showing chromosome territories in the cell nucleus of humans
Fluid mosaic model Fluid mosaic model
A Modern View: The Conveyor Belt Model A Modern View: The Conveyor Belt Model
Model of a purple bacterial reaction center complex Model of a purple bacterial reaction center complex
A high-resolution model of the 50S ribosomal subunit A high-resolution model of the 50S ribosomal subunit
Role of Factors of Production in Determining Output per Worker, 2009 Role of Factors of Production in Determining Output per Worker, 2009
Video: Ultrasound of a Fetus (Sonogram)

For a complete list of videos, visit our video library