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

Author Question: In a closed economy, equilibrium real Gross Domestic Product (GDP) occurs where A) the C + I + G ... (Read 354 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
In a closed economy, equilibrium real Gross Domestic Product (GDP) occurs where
 
  A) the C + I + G line crosses the 45-degree line. B) saving exceeds planned investment.
  C) planned expenditures exceed national income. D) all of these.

Question 2

The aggregate demand curve is
 
  A) upward sloping. B) a vertical line at potential output.
  C) a horizontal line at the current price level. D) downward sloping.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Pamela.irrgang@yahoo.com

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jun 30, 2018
Thank you


Pamela.irrgang@yahoo.com

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Domestic cat Domestic cat
Closed urinary drainage system. Urine being measured after it leaves patient’s body via catheter. Closed urinary drainage system. Urine being measured after it leaves patient’s body via catheter.
Adding propane to the air inlet of an engine operating in closed loop with a working oxygen sensor ... Adding propane to the air inlet of an engine operating in closed loop with a working oxygen sensor ...
Find derivative using product rule Find derivative using product rule
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
The Hardy–Weinberg Equilibrium The Hardy–Weinberg Equilibrium
Video: Monohybrid crosses

For a complete list of videos, visit our video library