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

Author Question: Discuss the components of GDP using the expenditure approach.[br][br][b][color=#7BCCB5]Question ... (Read 33 times)

shofmannx20

  • Hero Member
  • *****
  • Posts: 562
on: Jun 30, 2018
Discuss the components of GDP using the expenditure approach.

Question 2

In the aggregate demand and supply model, the:
 a. aggregate supply curve is horizontal at full-employment real GDP.
  b. vertical axis measures real GDP.
  c. vertical axis measures the average price level.
  d. All of these.
  e. None of these.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Anna

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

GDP equals consumption spending plus investment spending plus government spending plus net exports; GDP = C + I + G + (X  M).

Answer to Question 2

c


shofmannx20

  • Member
  • Posts: 562
Reply 2 on: Jun 30, 2018
Wow, this really help

JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Malignant melanoma. This photograph demonstrates the highly characteristic color of this tumor. Malignant melanoma. This photograph demonstrates the highly characteristic color of this tumor.
Question Question
Additive Color Mixing and Paint Mixing Additive Color Mixing and Paint Mixing
Children: A Chronological Approach, Canadian Edition Children: A Chronological Approach, Canadian Edition
economic question economic question
Skeletal Components of the Thorax Skeletal Components of the Thorax
Video: Nucleic acid digestion -small intestine

For a complete list of videos, visit our video library