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

Author Question: GDP provides substantial information about an economy's income distribution. a. True b. False ... (Read 15 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
on: Jun 30, 2018
GDP provides substantial information about an economy's income distribution.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Gradual adjustment of prices and wages to an increase in the aggregate demand curve implies that the aggregate supply curve is:
 a. horizontal.
  b. vertical.
  c. upward sloping but not vertical.
  d. downward sloping.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frre432

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

c


justinmsk

  • Member
  • Posts: 524
Reply 2 on: Jun 30, 2018
Excellent

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Vertical structuring of the oceans is associated with substantial variation in light and temperature Vertical structuring of the oceans is associated with substantial variation in light and temperature
Phylogenetic tree based on the distribution of 120 alleles in 42 populations from around the world, Phylogenetic tree based on the distribution of 120 alleles in 42 populations from around the world,
The Distribution of Growth Rates, 1975–2009 The Distribution of Growth Rates, 1975–2009
True Dover Sole True Dover Sole
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
The phenotypic distribution in a cross with two traits: seed color and seed shape. Plants in the F2 The phenotypic distribution in a cross with two traits: seed color and seed shape. Plants in the F2
Video: Bulk flow - Factors that influence bulk flow

For a complete list of videos, visit our video library