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Author Question: What is measured on the horizontal axis on the aggregate demand graph? A) nominal income B) real ... (Read 220 times)

schs14

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on: Jun 30, 2018
What is measured on the horizontal axis on the aggregate demand graph?
 
  A) nominal income B) real GDP per year C) unemployment D) the price level

Question 2

Which of the following statements is true?
 
  A) Knowledge of economics complicates decision making.
  B) Economics is more of a theoretical subject with limited applications in the real world.
  C) Testing with data is essential to develop a good theory.
  D) Cost-benefit analysis can be applied only to limited economic decisions.


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epscape

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

B

Answer to Question 2

C


schs14

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bblaney

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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