[Answered] The nominal GDP of Year 1 is A) 800. B) 1050. C) 1900. D) ...

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Author Question: The nominal GDP of Year 1 is A) 800. B) 1050. C) 1900. D) ... (Read 111 times)

jhjkgdfhk

Hero Member
Posts: 569

on: Jun 30, 2018

The nominal GDP of Year 1 is

A) 800.
B) 1050.
C) 1900.
D) 2400.

Question 2

Refer to Figure 12.4. Since the housing bubble burst and the economy returned to its initial, pre-bubble level before the corrective policy changed output, the impact of the change in policy is best represented as a movement from

A) point A to point B.
B) point C to point D.
C) point B to point D.
D) point C to point B.

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Marked as best answer by a Subject Expert

cegalasso

Sr. Member
Posts: 295

Reply #1 on: Jun 30, 2018

Answer to Question 1

A

Answer to Question 2

B

jhjkgdfhk

Hero Member
Posts: 569

Reply #2 on: Jun 30, 2018

Thank you

cegalasso

Sr. Member
Posts: 295

Reply #3 on: Jun 30, 2018

Happy to help you

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Author Question: The nominal GDP of Year 1 is A) 800. B) 1050. C) 1900. D) ... (Read 111 times)

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