« previous next »

Author Question: The level of real GDP the economy produces at full employment is A) never reached in reality. B) ... (Read 83 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 term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

How the study of genomes and proteomes can provide us with connections to different biological level How the study of genomes and proteomes can provide us with connections to different biological level
The central dogma of genetics at the molecular level. The central dogma of genetics at the molecular level.
Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
Mechanisms of pain at the nociceptor level. Mechanisms of pain at the nociceptor level.
Passive movement of the hip through its full range. With one hand just above the knee and the other ... Passive movement of the hip through its full range. With one hand just above the knee and the other ...
Oprah Winfrey reached her goal weight Oprah Winfrey reached her goal weight
Video: Sperm Formation

For a complete list of videos, visit our video library