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

Author Question: GDP that has been adjusted for changes in the price level is called: a. nominal GDP. b. real GDP. ... (Read 30 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
on: Jun 30, 2018
GDP that has been adjusted for changes in the price level is called:
 a. nominal GDP.
 b. real GDP.
 c. personal income.
  d. net GDP.

Question 2

If disposable income rises from 15,000 to 20,000 and the marginal propensity to consume equals 0.9, then saving must increase by 500.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ankilker

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


haleyc112

  • Member
  • Posts: 600
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

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

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Level II HCPCs Codes Cont. Level II HCPCs Codes Cont.
Colon with diverticulosis. An inflamed or infected diverticulum is called diverticulitis. Colon with diverticulosis. An inflamed or infected diverticulum is called diverticulitis.
The injector on-time is called the pulse width. The injector on-time is called the pulse width.
Math Joke: Be Rational, Get Real Math Joke: Be Rational, Get Real
Denney's model ON actual level of performance on exercised and unexercised abilities Denney's model ON actual level of performance on exercised and unexercised abilities
The TaqMan approach to quantitative real-time PCR (qPCR) The TaqMan approach to quantitative real-time PCR (qPCR)
Video: Brain Anatomy Animation (Part 1 of 2)

For a complete list of videos, visit our video library