Author Question: Real GDP means GDP: a. valued at prices in a base year. b. that does not change from year to year. ... (Read 120 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
Real GDP means GDP:
 a. valued at prices in a base year.
  b. that does not change from year to year.
  c. corrected for changes in quality.
  d. valued at prices at which goods are actually sold.

Question 2

A rightward shift in the aggregate demand curve can be caused by an increase in:
 a. the price level.
  b. business investment spending.
  c. taxes.
  d. production costs.



aadams68

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

a

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

For a complete list of videos, visit our video library