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

Author Question: In contrast with nominal GDP, real GDP refers to nominal GDP: a. minus exports. b. minus personal ... (Read 89 times)

lindiwe

  • Hero Member
  • *****
  • Posts: 577
on: Jun 30, 2018
In contrast with nominal GDP, real GDP refers to nominal GDP:
 a. minus exports.
  b. minus personal income taxes.
  c. corrected for price changes.
  d. corrected for depreciation.

Question 2

Which of the following correctly describes the aggregate supply curve?
 a. A curve that shows the level of real GDP demanded at different possible price levels.
  b. A curve that shows the level of real GDP produced at different possible price levels.
  c. A curve that shows the level of quantity supplied by firms in a market at different possible prices, such as the supply of oranges in the oranges market.
  d. None of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


lindiwe

  • Member
  • Posts: 577
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Sugar Cube-Sized Robotic Ants Mimic Real Foraging Behavior Sugar Cube-Sized Robotic Ants Mimic Real Foraging Behavior
Cross-sectional data showing that the amount of effort spent on personal health care increases with Cross-sectional data showing that the amount of effort spent on personal health care increases with
A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president
Temperament refers to stable differences in the emotional reactions of different children to similar ... Temperament refers to stable differences in the emotional reactions of different children to similar ...
Among non-Muslims in the United States, wearing a head scarf, or a khimar, is a personal fashion ... Among non-Muslims in the United States, wearing a head scarf, or a khimar, is a personal fashion ...
Bar-eye phenotypes in contrast to the wild-type eye in Drosophila Bar-eye phenotypes in contrast to the wild-type eye in Drosophila
Video: HDL (high density lipoprotein)

For a complete list of videos, visit our video library