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

Author Question: The intersection of the aggregate demand and the aggregate supply curve defines the equilibrium ... (Read 92 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
on: Jun 30, 2018
The intersection of the aggregate demand and the aggregate supply curve defines the equilibrium level of _____ and the price level.
 a. real interest rate
  b. nominal interest rate
  c. nominal GDP
  d. real GDP
  e. unemployment

Question 2

Positive statements are:
 a. prescriptive, making claims about how the world ought to be.
  b. descriptive, making claims about how the world is.
 c. optimistic, putting the best possible interpretation on things.
  d. affirmative, justifying existing economic policy.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


sabina

  • Member
  • Posts: 563
Reply 2 on: Jun 30, 2018
Gracias!

amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
Unregulated populations "J-shaped curve" Unregulated populations "J-shaped curve"
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
Sine Cosine Intersection Sine Cosine Intersection
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ... The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ... A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ...
Video: Chloroplast Structure & Light Dependent Reactions (Photosystem 1 and 2 Cyclic Electron Flow)

For a complete list of videos, visit our video library