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Author Question: Consider an economy over the years 2008 and 2009. The output in the economy has remained constant ... (Read 122 times)

acc299

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on: Jun 30, 2018
Consider an economy over the years 2008 and 2009. The output in the economy has remained constant over the two years but the prices of all goods and services have halved. In such a situation,
 
  A) the real GDP of the economy stays the same over the two years.
  B) the nominal GDP of the economy remains the same over the two years.
  C) the real GDP of the economy increases over the two years.
  D) the nominal GDP of the economy increases over the two years.

Question 2

In Figure 11.1, a decrease in consumer wealth is represented by a change in the consumption function from
 
  A) to . B) C3 to C1. C) C2 to C1. D) C1 to C2.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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kingdude89

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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acc299

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Reply #2 on: Jun 30, 2018
Correct answers!


kingdude89

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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