If Year 2 is the base year, the real GDP of Year 1 is A) 800. ...

[jazziefee]

If Year 2 is the base year, the real GDP of Year 1 is
 
  A) 800.
  B) 1050.
  C) 1900.
  D) 2400.

Question 2

According to the real business cycle model, a rightward shift in the long-run aggregate supply schedule would be caused by ________.
 
  A) a negative supply shock
  B) an increase in aggregate demand
  C) a positive supply shock
  D) a decrease in aggregate demand

[Jossy]

Answer to Question 1

B

Answer to Question 2

C

[jazziefee]

TYSM

[kswal303]

Gracias!