This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If Year 2 is the base year, the real GDP of Year 1 is A) 800. B) 1050. C) 1900. D) ... (Read 92 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jossy

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


jazziefee

  • Member
  • Posts: 505
Reply 2 on: Jun 30, 2018
Excellent

amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and
Rate of Residential Change, Past Year, in the United States Rate of Residential Change, Past Year, in the United States
In 1900, Ashcan artist George Luks portrayed corporate monopolies and franchises as a monster preyin In 1900, Ashcan artist George Luks portrayed corporate monopolies and franchises as a monster preyin
Keiji Nishitani (1900–1990). Keiji Nishitani (1900–1990).
You deposit $2000 each year into an account earning 4% interest compounded annually. How much ... You deposit $2000 each year into an account earning 4% interest compounded annually. How much ...
Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ... Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ...
Video: Bulk flow - factors that influence bulk flow

For a complete list of videos, visit our video library