« previous next »

Author Question: The level of real GDP the economy produces at full employment is A) never reached in reality. B) ... (Read 42 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Jun 30, 2018
The level of real GDP the economy produces at full employment is
 
  A) never reached in reality.
  B) nominal GDP.
  C) called the Lucas level.
  D) real GDP.
  E) potential GDP.

Question 2

The price of pineapples has risen dramatically. Which of the following is likely to happen?
 
  A) The quantity of pineapples supplied will decrease.
  B) The supply of pineapples will increase.
  C) The supply of pineapples will decrease.
  D) The quantity of pineapples supplied will increase.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


kjo;oj

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Are reality shows “real”? Does the media tell the “truth”? Are reality shows “real”? Does the media tell the “truth”?
The four levels of PPE according to the EPA (from left to right): Level A, Level B, Level C, and ... The four levels of PPE according to the EPA (from left to right): Level A, Level B, Level C, and ...
Marketing: Real People, Real Choices Marketing: Real People, Real Choices
Virtual Reality Virtual Reality
Video: Cleavage and Implantation Animation

For a complete list of videos, visit our video library