This topic contains a solution. Click here to go to the answer

Author Question: The Classical macroeconomic model proposes that A) real GDP equals potential GDP as long as ... (Read 67 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
The Classical macroeconomic model proposes that
 
  A) real GDP equals potential GDP as long as inflation equals zero.
  B) government intervention is required to help the economy reach its potential.
  C) changes in the quantity of money are critical in driving economic growth.
  D) socialism produces the most efficient economic outcomes for a society.
  E) markets work efficiently to produce the best macroeconomic outcomes.

Question 2

What is the good or service is given the most weight in the CPI?
 
  A) housing
  B) apparel
  C) recreation
  D) food and beverages
  E) transportation



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nickk12214

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

E

Answer to Question 2

A




Yi-Chen

  • Member
  • Posts: 550
Reply 2 on: Jun 30, 2018
Wow, this really help


dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

For a complete list of videos, visit our video library