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

Author Question: A decrease in government purchases can close an expansionary gap by shifting the aggregate demand ... (Read 49 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
on: Jun 30, 2018
A decrease in government purchases can close an expansionary gap by shifting the aggregate demand curve.
 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 4 trillion, then the nominal gross domestic product (GDP) for that year is _____.
 a. .04 trillion
  b. 0.4 trillion
 c. 4 trillion
 d. 40 trillion
 e. 400 trillion


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nanny

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


dakota nelson

  • Member
  • Posts: 604
Reply 2 on: Jun 30, 2018
Excellent

xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Close-up of the head of the legless fossorial amphisbaenid Rhineura Close-up of the head of the legless fossorial amphisbaenid Rhineura
Past and Future Use of Aggregate Past and Future Use of Aggregate
Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
Classic Supply - Demand Curve Classic Supply - Demand Curve
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: Barriers - eye structures, digestive mucosa, respiratory mucosa & genitourinary mucosa

For a complete list of videos, visit our video library