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Author Question: If Year 2 is the base year, the real GDP of Year 1 is A) 800. B) 1050. C) 1900. D) ... (Read 79 times)

jazziefee

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on: Jun 30, 2018
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


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Jossy

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

B

Answer to Question 2

C


jazziefee

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

cici

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Reply 3 on: Yesterday
:D TYSM

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