« previous next »

Author Question: The full-employment and full-adjustment level of real Gross Domestic Product (GDP) in the economy is ... (Read 82 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?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

This chart illustrates the four quadrants in which we can place the relationships between the state This chart illustrates the four quadrants in which we can place the relationships between the state
Example of an online employment application and posting of a résumé. Example of an online employment application and posting of a résumé.
Upper-Level Maps Upper-Level Maps
The Nile Delta will be strongly affected by a rise in sea level of 50 cm The Nile Delta will be strongly affected by a rise in sea level of 50 cm
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product
Hen feathering (left) and cock feathering (right) in domestic fowl Hen feathering (left) and cock feathering (right) in domestic fowl
Video: Peptide Bond Formation Animation

For a complete list of videos, visit our video library