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Author Question: Which of the following is an example of capital income? A) Wage paid to a worker B) Free lunch at ... (Read 49 times)

CORALGRILL2014

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on: Jun 30, 2018
Which of the following is an example of capital income?
 
  A) Wage paid to a worker B) Free lunch at work
  C) Interest earned on money lent out D) Free parking space in a mall

Question 2

Refer to the above figure. An increase in aggregate demand beyond real Gross Domestic Product (GDP) level Y1 would result in
 
  A) a lower price level and an increases in real GDP.
  B) higher real GDP but not a higher price level.
  C) a lower price level but no change in real GDP.
  D) a higher price level but no change in real GDP.


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Brummell1998

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


CORALGRILL2014

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

nyrave

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Reply 3 on: Yesterday
:D TYSM

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