« previous next »

Author Question: Why is it important to use real GDP rather than nominal GDP figures when making comparisons of ... (Read 30 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
on: Jun 30, 2018
Why is it important to use real GDP rather than nominal GDP figures when making comparisons of output across time periods?
 a. The real GDP figures are a better measure of changes in the general level of prices.
  b. The real figures will reflect changes in the quantity of output and not changes in the general level of prices.
  c. The real figures will reflect changes in the general level of prices as well as changes in the quantity of output.
  d. The real GDP figures adjust for changes in the level of employment.

Question 2

A change in which of the following would shift the aggregate demand curve?
 a. Consumption (C)
  b. Investment (I)
  c. Government spending (G)
  d. Net Exports (NX)
  e. All of these


Tabitha_2016

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

e


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Polyploidy has been an important factor in the evolution of plants. Polyploidy has been an important factor in the evolution of plants.
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri
Having a time zone map located near the telephone will assist you when making long distance calls ou Having a time zone map located near the telephone will assist you when making long distance calls ou
Climate change is an important vector for human diseases Climate change is an important vector for human diseases
Marketing: Real People, Real Choices Marketing: Real People, Real Choices
Video: Amniocentesis and CVS Animation

For a complete list of videos, visit our video library