This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following economic variables is exogenous in the Three-Sector-Model? a. Government ... (Read 62 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
on: Jun 30, 2018
Which of the following economic variables is exogenous in the Three-Sector-Model?
 a. Government spending on goods and services.
  b. Real GDP.
  c. GDP price index.
  d. Quantity of the domestic currency per time period.
  e. None of the above.

Question 2

If the annual inflation rate is higher than 0, which of the following statements is correct?
 a. The specific country is experiencing hyperinflation when viewed over a long period of time.
  b. Real GDP growth must be higher than nominal GDP growth.
  c. Nominal GDP growth must be higher than real GDP growth.
  d. Nominal GDP growth is only higher than real GDP growth if real GDP growth is positive.
  e. Nominal GDP growth must be positive.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

abctaiwan

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 30, 2018
Answer to Question 1

.A

Answer to Question 2

.C


futuristic

  • Member
  • Posts: 638
Reply 2 on: Jun 30, 2018
Excellent

ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Great answer, keep it coming :)

« 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?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

ear model ear model
The Biopsychosocial Model The Biopsychosocial Model
Roberts's Assessment, Crisis Intervention, and Trauma Treatment (ACT) model. Roberts's Assessment, Crisis Intervention, and Trauma Treatment (ACT) model.
A Mental Model of the Craftsman Experiment A Mental Model of the Craftsman Experiment
economic question economic question
The epigenetic stem cell model proposes that both epigenetic changes The epigenetic stem cell model proposes that both epigenetic changes
Video: Oral Hygiene & Braces Animation

For a complete list of videos, visit our video library