The commissions earned in 2017 by a stockbroker is included in 2017 GDP. Group of answer...
The commissions earned in 2017 by a stockbroker is included in 2017 GDP.
Group of answer choices
True
False
When aggregate demand rises, inflation occurs, while GDP rises as does the employment rate, and unemployment falls.
Group of answer choices
True
False
When the unemployment rate falls, this means that more people have found jobs.
Group of answer choices
True
False
The value of vodka produced in 2017 in the U.S. by a Russian alcohol company is included in 2017 U.S. GDP and 2017 Russian GNP.
Group of answer choices
True
False
Homework Answers
a) True,
this will be part of the GDP because its an earned income for the service provided.
b) True,
When aggregate demand rises, inflation occurs, while GDP rises as does the employment rate, and unemployment falls.
c) False, it could mean more people might have left the labor force as well.
d) true,
it will be part of the US GDp and russian GNP.
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The commissions earned in 2017 by a stockbroker is included in
2017 GDP.
Group of answer...
Aggregate Demand is always equal to Gross Domestic Product Group of answer choices True False Which...
Aggregate Demand is always equal to Gross Domestic Product Group of answer choices True False Which of the following is NOT true about GDP as an indicator of how well or how poorly the economy is performing. Group of answer choices GDP is not a good indicator because the U.S. is a "24/7" economy, while other economies value time off GDP is not a good indicator because it can be undervalued GDP is not a good indicator because it takes...
1.The purchasing power of the $20 bill increases over time due to inflation. Group of answer...
1.The purchasing power of the $20 bill increases over time due to inflation. Group of answer choices True False 2.The consumer price index increased from 120 to 132. If you received a raise equal to 10% during this time period then your real income has decreased. Group of answer choices True False 3.Productivity is measured by calculating the growth rate of real GDP. Group of answer choices True False 4.The labor force is made up of all people who are...
Which of the following is correct? Group of answer choices When real GDP falls, the rate...
Which of the following is correct? Group of answer choices When real GDP falls, the rate of unemployment rises. Recessions come at irregular intervals and are easy to predict. Short run fluctuations in economic activity happen only in developing countries. During economic contractions most firms experience rising profits.
When real GDP grows more slowly than potential GDP, a. nominal GDP rises. b. the unemployment...
When real GDP grows more slowly than potential GDP, a. nominal GDP rises. b. the unemployment rate falls. c. labor productivity falls. d. the unemployment rate rises. 8. The unemployment rate is the number of unemployed people, expressed as a. a ratio of total employed to the population. b. a ratio of unemployed to the total employed. c. a percentage of the labor force. d. a percentage of the population. 9. If part of the labor force is unemployed, the...
In the United States, the base year used to measure chain type real GDP is currently...
In the United States, the base year used to measure chain type real GDP is currently 2012. True False Which of the following is included in US GDP but not US GNP? (Boeing is a US company and Airbus is a French company.) a. A Boeing jet produced in the United States b. A Boeing jet produced in France c. An Airbus jet produced in France d. An Airbus jet produced in the United States. e. None of the above...
1. An above-full-employment equilibrium occurs when Group of answer choices aggregate demand decreases while neither the...
1. An above-full-employment equilibrium occurs when Group of answer choices aggregate demand decreases while neither the short-run nor long-run aggregate supply changes. short-run aggregate supply decreases while neither aggregate demand nor long-run aggregate supply changes. the equilibrium level of real GDP is greater than potential GDP. the equilibrium level of real GDP is less than potential GDP. 2. Which of the following shifts the aggregate demand curve rightward? Group of answer choices a decrease in consumption an increase in investment...
need it as soon as posible today please. thanks it is Macroeconomics 20) As per capita...
need it as soon as posible today please. thanks
it is Macroeconomics
20) As per capita GDP has increased a) life expectancy has decreased b) rate of illiteracy has increased c) rate of infant mortality has increased d) amount of leisure time has increased in the US and other O countries, the 21) Which of the following will most likely occur during the a) real GDP rises, unemployment rate falls b) real GDP declines, inflation rate rises c) le of...
If aggregate demand shifts left, then in the short run Group of answer choices the price...
If aggregate demand shifts left, then in the short run Group of answer choices the price level and real GDP both rise. the price and real GDP both fall. the price level rises and real GDP falls. the price level falls and real GDP rises.
Which of the following statements is correct? Group of answer choices A U.S. businessman who owns...
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(1) Other things being equal, which of the following will increase aggregate expenditures? Group of answer...
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need it as soon as posible today please. thanks
it is Macroeconomics
20) As per capita GDP has increased a) life expectancy has decreased b) rate of illiteracy has increased c) rate of infant mortality has increased d) amount of leisure time has increased in the US and other O countries, the 21) Which of the following will most likely occur during the a) real GDP rises, unemployment rate falls b) real GDP declines, inflation rate rises c) le of...
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