« previous next »

Author Question: Based on the notation presented in Chapter 2, which of the following expressions represents nominal ... (Read 58 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?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

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 average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Phylogeny based on the FIT2 gene Phylogeny based on the FIT2 gene
Chapter 6 Comparative Gov pg. 1 quiz Chapter 6 Comparative Gov pg. 1 quiz
Strength Gains: Based on Sets and Repetitions Strength Gains: Based on Sets and Repetitions
Scientific notation help Scientific notation help
The gas division of Power-U-Up plans to introduce a new gas delivery system based on the ... The gas division of Power-U-Up plans to introduce a new gas delivery system based on the ...
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: DNA fingerprinting Animation

For a complete list of videos, visit our video library