Author Question: In describing the economic setting in the real goods market, which of the following economic ... (Read 103 times)

nenivikky

  • Hero Member
  • *****
  • Posts: 516
In describing the economic setting in the real goods market, which of the following economic measures is the most helpful?
 a. Current unemployment rate and labor force participation rate
  b. Annual inflation rate during the past year
  c. Current real exchange rate
  d. Percentage change in nominal GDP during the past year
  e. Current nominal exchange rate

Question 2

Pick the economic variable that is countercyclical.
 a. Investment
  b. Government transfer payments
  c. Prices
  d. Consumption
  e. Nominal interest rates



bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

.A

Answer to Question 2

.B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

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?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

For a complete list of videos, visit our video library