When per capita real GDP is increasing, real output is growing:
a. more rapidly than prices. b. more rapidly than population.
c. less rapidly than prices. d. less rapidly than population.
b
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Using present value to calculate stock prices is ________ than using present value to calculate bond prices because ________
A) less accurate; coupon payments for bonds are known with certainty but dividend payments for stocks are not B) more accurate; coupon payments for bonds are known with certainty but dividend payments for stocks are not C) less accurate; dividend payments for stocks are known with certainty but coupon payments for bonds are not D) more accurate; dividend payments for stocks are known with certainty but coupon payments for bonds are not
When potential GDP increases, long-run aggregate supply also increases
Indicate whether the statement is true or false
Is there any common characteristic shared by government-inhibited goods and government-sponsored goods? Explain briefly
What will be an ideal response?
Refer to the information provided in Figure 27.1 below to answer the question(s) that follow.
Figure 27.1Refer to Figure 27.1. An aggregate demand shift from AD2 to AD1 can be caused by
A. a decrease in taxes. B. a decrease in money supply. C. a decrease in the price level. D. an increase in the price level.