« previous next »

Author Question: What is the relationship between real and nominal GDP? a. real GDP = nominal GDP Price level b. ... (Read 53 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
on: Jun 30, 2018
What is the relationship between real and nominal GDP?
 
  a. real GDP = nominal GDP  Price level
  b. nominal GDP = Real GDP/Price level
  c. real GDP = nominal GDP/Price level
  d. real GDP = nominal GDP + Price level.

Question 2

For the period we are studying (17891860), the United States
 
  (a) was a high tariff, protectionist nation.
  (b) derived the vast majority of federal revenues from the tariff.
  (c) was divided on the question of the tariff, with the South generally in opposition to it.
  (d) was characterized by all of the above.


aloop

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

(d)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

The meninges. This figure illustrates the location and structure of each layer of the meninges and t The meninges. This figure illustrates the location and structure of each layer of the meninges and t
The relationship between pH, pKa, and the dissociation of an acid The relationship between pH, pKa, and the dissociation of an acid
The Nile Delta will be strongly affected by a rise in sea level of 50 cm The Nile Delta will be strongly affected by a rise in sea level of 50 cm
There are many ways for an individual to monitor his or her blood glucose level There are many ways for an individual to monitor his or her blood glucose level
Relationship Between the Atlas and the Axis. The Dens of the Axis Provides a Pivotal Point Around Wh Relationship Between the Atlas and the Axis. The Dens of the Axis Provides a Pivotal Point Around Wh
The colinear relationship The colinear relationship
Video: Brain Anatomy Animation (Part 2 of 2)

For a complete list of videos, visit our video library