« previous next »

Author Question: Based on the notation presented in Chapter 2, which of the following expressions represents nominal ... (Read 62 times)

formula1

  • Hero Member
  • *****
  • Posts: 666
on: Jun 30, 2018
Based on the notation presented in Chapter 2, which of the following expressions represents nominal GDP?
 
  A) Yt
  B) PtYt
  C) Yt/Pt
  D) Yt/Pt

Question 2

Prices for which of the following are included in the GDP deflator, but not included in the Consumer Price Index?
 
  A) firms' purchases of new equipment
  B) intermediate goods and services
  C) consumption of goods
  D) consumption of services


s.meritte

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

A revised animal phylogeny based on molecular data of SSU rRNA A revised animal phylogeny based on molecular data of SSU rRNA
Phylogenetic tree based on the distribution of 120 alleles in 42 populations from around the world, Phylogenetic tree based on the distribution of 120 alleles in 42 populations from around the world,
Play in Four Cultures Across cultures, play is the most common activity in early childhood. Source: Play in Four Cultures Across cultures, play is the most common activity in early childhood. Source:
Equivalent Trig Expressions Equivalent Trig Expressions
Simplify the following expressions: Simplify the following expressions:
Determine the nominal annual rate of interest of the following ordinary general annuity. Determine the nominal annual rate of interest of the following ordinary general annuity.
Video: Introduction to Spirometry

For a complete list of videos, visit our video library