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Author Question: What is measured on the vertical axis of the aggregate demand graph? A) unemployment B) nominal ... (Read 31 times)

DyllonKazuo

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

Question 2

Which of the following statements is true of data?
 
  A) Anecdotes work as good substitutes for data.
  B) Data help in verifying causal relationships.
  C) Data are not important to evaluate theories.
  D) The less the available data, the better the analysis.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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firehawk60

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

C

Answer to Question 2

B


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