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Author Question: If Year 1 is the base year, the growth of real GDP is approximately A) 100. B) 109.5. C) 137.5. ... (Read 58 times)

Jkov05

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on: Jun 30, 2018
If Year 1 is the base year, the growth of real GDP is approximately
 
  A) 100.
  B) 109.5.
  C) 137.5.
  D) 148.

Question 2

If output begins to grow substantially faster than capital and labor inputs, then the real business cycle model predicts, ceteris paribus, ________.
 
  A) an increase in inflation
  B) a decrease in employment
  C) a decrease in investment
  D) a business cycle expansion


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meltdown117

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


Jkov05

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  • Posts: 556
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

carlsona147

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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