« previous next »

Author Question: The full-employment and full-adjustment level of real Gross Domestic Product (GDP) in the economy is ... (Read 71 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: Jun 30, 2018
The full-employment and full-adjustment level of real Gross Domestic Product (GDP) in the economy is represented by
 
  A) the horizontal line at the price level.
  B) the LRAS curve.
  C) the distance between the LRAS curve and the AD curve.
  D) the AD curve.

Question 2

According to the above table, if per capita real GDP is currently 1000, then at a constant annual rate of growth of 8 percent, per capita real GDP ten years from now will be equal to
 
  A) 2140. B) 2160. C) 2000. D) 2590.


dudman123

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

How the study of genomes and proteomes can provide us with connections to different biological level How the study of genomes and proteomes can provide us with connections to different biological level
Nuclear division at the DNA level Nuclear division at the DNA level
The wildcat Felis silvestris is a close relative and possible ancestor of the domestic cat. The wildcat Felis silvestris is a close relative and possible ancestor of the domestic cat.
The direct product of phosphate hydrolysis from PEP is the enol form of pyruvate The direct product of phosphate hydrolysis from PEP is the enol form of pyruvate
The IPCC projects sea level rise The IPCC projects sea level rise
Find the derivative using the product rule Find the derivative using the product rule
Video: Photosynthesis and Van Helmont Experiment

For a complete list of videos, visit our video library