« previous next »

Author Question: The horizontal axis for an aggregate demand curve measures A) output of all goods and services ... (Read 94 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
The horizontal axis for an aggregate demand curve measures
 
  A) output of all goods and services measured as a quantity index.
  B) real Gross Domestic Product (GDP).
  C) quantity demanded of the representative good.
  D) disposable personal income.

Question 2

Which of the following statements is TRUE?
 
  A) investment = disposable income + consumption B) saving = personal income + consumption
  C) saving = personal income - consumption D) saving = disposable income - consumption


CourtneyCNorton

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

The oxygen isotope curve illustrates the ratio between 16O and 18O. The oxygen isotope curve illustrates the ratio between 16O and 18O.
A Dose-Response Curve A Dose-Response Curve
Obliquity "Tilt of Earth on its axis" Obliquity "Tilt of Earth on its axis"
The Radioactive Decay Curve The Radioactive Decay Curve
To rotate a matrix along the x-axis To rotate a matrix along the x-axis
Saturation curve for hemoglobin of humans, llamas, and other mammals. Saturation curve for hemoglobin of humans, llamas, and other mammals.
Video: Bacteriophage (Virus) - Mice Experiment

For a complete list of videos, visit our video library