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

Author Question: An expansionary gap is equal to: a. real GDP minus nominal GDP. b. nominal GDP minus real GDP. c. ... (Read 122 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
An expansionary gap is equal to:
 a. real GDP minus nominal GDP.
 b. nominal GDP minus real GDP.
 c. the actual short-run output minus potential output.
 d. the actual price level minus expected price level.
 e. the actual long-run real GDP minus actual short-run disposable income.

Question 2

The demand curve for investment depicts:
 a. an inverse relationship between interest rate and aggregate demand.
  b. an inverse relationship between interest rate and investment.
 c. an inverse relationship between price level and real GDP.
 d. a direct relationship between interest rate and quantity of money.
  e. a direct relationship between aggregate demand and real GDP.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

robbielu01

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


c0205847

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Parabola Real World Example Parabola Real World Example
The National Organization for Women holds a rally in Illinois for the Equal Rights Amendment. In ... The National Organization for Women holds a rally in Illinois for the Equal Rights Amendment. In ...
Are reality shows “real”? Does the media tell the “truth”? Are reality shows “real”? Does the media tell the “truth”?
Created Equal: A Social and Political History of the United States, Brief Edition Created Equal: A Social and Political History of the United States, Brief Edition
Determine the # of real roots from the equation Determine the # of real roots from the equation
A carbon-14 nucleus decays to a nitrogen-14 nucleus by beta-minus decay. How much energy (in ... A carbon-14 nucleus decays to a nitrogen-14 nucleus by beta-minus decay. How much energy (in ...
Video: Gastrin (gastric emptying) & Secretin (buffering gastric acid)

For a complete list of videos, visit our video library