« previous next »

Author Question: What is the relationship between real and nominal GDP? a. real GDP = nominal GDP Price level b. ... (Read 86 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?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Does this child have legs of different lengths or scoliosis? Look at the level of the iliac crests a Does this child have legs of different lengths or scoliosis? Look at the level of the iliac crests a
Dose–response relationship Dose–response relationship
The relationship between number of acres a Kipsigis man owns and the number of offspring he has duri The relationship between number of acres a Kipsigis man owns and the number of offspring he has duri
Alan Price - Poor People Alan Price - Poor People
Relationship between Income and Happiness in the United States Relationship between Income and Happiness in the United States
The urinary system: Relationship of the kidneys to the vertebrae The urinary system: Relationship of the kidneys to the vertebrae
Video: Hyperglycemia Animation

For a complete list of videos, visit our video library