This topic contains a solution. Click here to go to the answer

Author Question: If nominal gross domestic product (GDP) for a particular year is 6 trillion and real gross domestic ... (Read 209 times)

aabwk4

  • Hero Member
  • *****
  • Posts: 593
If nominal gross domestic product (GDP) for a particular year is 6 trillion and real gross domestic product (GDP) for that year is 5 trillion, then the GDP price index for that year is _____.
 a. 1.2
 b. 17
  c. 20
 d. 83
 e. 120

Question 2

Which of the following factors did not contribute to the federal budget surpluses in the 1990s?
 a. Higher taxes on the rich
 b. More federal government spending discipline
 c. Market globalization
 d. Slower consumer spending
 e. Rising business optimism based on technological innovation



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ksanderson1296

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

e

Answer to Question 2

d




aabwk4

  • Member
  • Posts: 593
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

For a complete list of videos, visit our video library