Multiple Choice
We are told that over the past year actual real GDP has risen by three percent.This fact alone is enough to tell us that
A) the unemployment rate has fallen.
B) the inflation rate has risen.
C) the actual real GDP is above natural real GDP.
D) productivity has grown.
E) none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q28: As an example of the simplifications that
Q29: Business cycles in the United States<br>A)tend to
Q30: Generally,the higher the level of output in
Q31: A rising inflation rate tends to injure
Q32: Are government activities of any concern to
Q34: Policy that tries to influence target variables
Q35: Given the path of natural real GDP
Q36: According to Gordon,for which of the following
Q37: Gordon states that _ caused the substantial
Q38: Which of the three central concepts in