🏷️ LIMITED TIME OFFER: GET 20% OFF GRADE+ YEARLY SUBSCRIPTION →
Log in
Economics
1
answer
0
watching
77
views

GDP can increase at a faster rate than real GDP

a. only if there is a decline in the price level.

b. only if the unemployment rate is increasing.

c.  only if the value of the dollar is stable.

d.  only if the population is growing.



Watch
1
answer
0
watching
77
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Kristelle Balando
Kristelle BalandoLv10
4 Jan 2021

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share

Related textbook solutions

Principles of Economics
2nd Edition, 2017
Openstax
ISBN: 9781947172364
Principles of Macroeconomics
2 Edition,
Openstax
ISBN: 9781947172388
Principles of Microeconomics
2 Edition,
Openstax
ISBN: 9781947172340

Related questions

GDP can increase at a faster rate than real GDP:

a. only if there is a decline in the price level.
b. only if the unemployment rate is increasing.
c. only if the value of the dollar is stable.
d. only if the population is growing.

e. only if there is inflation.

If our output of goods and services rises, then:

a. real GDP definitely rose.
b. real GDP definitely fell.
c. GDP definitely rose.

d. GDP definitely stayed the same.

Assume that from 2007 to 2009 the U.S. economy experiences inflation. Also, assume that GDP remains constant from 2007 to 2009. Therefore:

a. real GDP rises.
b. real GDP falls.
c. there is no change in real GDP.

d. no conclusion can be reached as to whether real GDP rises, falls, or remains the same.

Which of the following statements is true?

a. GDP is greater than national income, which is greater than NDP.
b. Government spending is the largest sector of GDP.
c. A Social Security check sent to a retiree is counted as part of GDP.

d. The purchase of a new factory is counted in the investment sector of GDP.

The GDP is the value of all final goods and services produced:

a. within the nations boundaries.
b. by domestically owned companies.
c. by citizens of the country.

d. by domestically controlled companies.

National Income is about _____ percent of GDP.

a. 25
b. 45
c. 65
d. 85
e. 100

If per capita real output is growing faster than real GDP, it must be the case that:

a. real GDP is increasing.

b. real GDP is decreasing.

c. total population is increasing.

d. total population is decreasing.

According to Keynes, the impact of an increase in the money supply is

A. decrease in interest rate, and increase in investment, aggregate demand, prices, real GDP, and unemployment.

B. decrease in interest rate, and decrease in investment, aggregate demand, prices, real GDP, and unemployment.

C. increase in interest rate, and decrease in investment, aggregate demand, prices, real GDP, and unemployment.

D. only increase prices.

Weekly leaderboard

Home
Homework Help 3,900,000
Economics 400,000
Start filling in the gaps now
Log in