« previous next »

Author Question: In the above figure, what are the long-run equilibrium price level and real GDP? A) 130 and 11.5 ... (Read 59 times)

sammy

  • Hero Member
  • *****
  • Posts: 818
on: Jun 30, 2018
In the above figure, what are the long-run equilibrium price level and real GDP?
 
  A) 130 and 11.5 trillion B) 120 and 11.5 trillion
  C) 120 and 12 trillion D) 130 and 12 trillion

Question 2

Which one of the following statements is TRUE?
 
  A) Over the years, real consumption spending has been more volatile than real investment spending.
  B) In the Keynesian model, changes in the volume of real investment spending are fully explained by changes in the real interest rate.
  C) Domestic real investment in the United States was highest during the Great Depression.
  D) Over the years, real investment spending has been more volatile than real consumption spending.


dyrone

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Gross Anatomy of a Long Bone Gross Anatomy of a Long Bone
Stand in a doorway and hook your fingertips on both sides about chest level or lower. Stand in a doorway and hook your fingertips on both sides about chest level or lower.
Mobilize the joints in the hand. Follow with figure-8s at the knuckles and scissoring the ... Mobilize the joints in the hand. Follow with figure-8s at the knuckles and scissoring the ...
Many U.S. regions under threat due to changes in sea level Many U.S. regions under threat due to changes in sea level
Sea-Level Pressure Sea-Level Pressure
The Hardy–Weinberg equilibrium for autosomal genes The Hardy–Weinberg equilibrium for autosomal genes
Video: Rena arc construction

For a complete list of videos, visit our video library