« previous next »

Author Question: Expansionary and contractionary gaps are automatically eliminated by shifts in aggregate demand. a. ... (Read 26 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
Expansionary and contractionary gaps are automatically eliminated by shifts in aggregate demand.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the real gross domestic product (GDP) for the base year is 3 trillion, then the nominal gross domestic product (GDP) for that year is _____.
 a. .03 trillion
  b. 0.3 trillion
 c. 3 trillion
 d. 30 trillion
 e. 300 trillion


Kimmy

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Aligning protein sequences with the use of gaps Aligning protein sequences with the use of gaps
Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
Sectoral Shifts Sectoral Shifts
The growth in demand for energy use is met by burning fossil fuels The growth in demand for energy use is met by burning fossil fuels
The original Supply and Demand graph The original Supply and Demand graph
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Video: Osteoporosis

For a complete list of videos, visit our video library