Author Question: If Year 1 is the base year, the real GDP of Year 2 is A) 800. B) 1050. C) 1900. D) ... (Read 93 times)

hbsimmons88 · **on:** Jun 30, 2018

If Year 1 is the base year, the real GDP of Year 2 is

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

Question 2

Refer to Figure 12.4. The implementation of corrective policy by the central bank is designed to move the economy from

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