« previous next »

Author Question: Discretionary fiscal policy works by shifting the aggregate demand curve. a. True b. False ... (Read 100 times)

krzymel

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
Discretionary fiscal policy works by shifting the aggregate demand curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Suppose the real gross domestic product (GDP) equals 200 billion this year and the nominal gross domestic product (GDP) equals 300 billion. This implies that the price level has increased by _____.
 a. 100 billion
  b. 200 billion
  c. 50 percent
 d. 100 percent
  e. 33 percent


Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

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?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Apparent and True Orbits of Alpha Centauri. Apparent and True Orbits of Alpha Centauri.
False-color imagery of the Sun, a G-type main-sequence star, the closest to Earth. False-color imagery of the Sun, a G-type main-sequence star, the closest to Earth.
environmental policy environmental policy
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
How human body works to metabolize alcohol How human body works to metabolize alcohol
A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ... A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ...
Video: Summation - defined, spatial, temporal & AP generation or not

For a complete list of videos, visit our video library