This topic contains a solution. Click here to go to the answer

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 93 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

C

Answer to Question 2

D




Jkov05

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


meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Excellent

 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The FDA recognizes 118 routes of administration.

For a complete list of videos, visit our video library