« previous next »

Author Question: Resources are a. scarce for households but abundant for the whole economy b. abundant for ... (Read 125 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
Resources are
 a. scarce for households but abundant for the whole economy
  b. abundant for households but scarce for the whole economy
  c. scarce for households and scarce for the whole economy.
  d. abundant for households and the whole economy.

Question 2

If real GDP increased by 2 and nominal GDP increased by 4, then output:
 a. increased and the price level increased.
  b. increased and the price level decreased.
  c. decreased and the price level increased.
  d. decreased and the price level decreased.


ghepp

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
Reply #2 on: Jun 30, 2018
Thank you


ghepp

  • Sr. Member
  • ****
  • Posts: 361
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

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?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Iceland Geothermal Resources Iceland Geothermal Resources
The three disaccharides most abundant in foods are maltose, lactose, and sucrose The three disaccharides most abundant in foods are maltose, lactose, and sucrose
Marine pollution threatens resources and marine life Marine pollution threatens resources and marine life
Water resources Water resources
Employment Status of Food-Insecure Households Employment Status of Food-Insecure Households
Metallic Resources Metallic Resources
Video: Rena arc construction

For a complete list of videos, visit our video library