d.the level of business investment. 5.The inflation rate is defined as the( ) a.cost of inflation. b.cost of borrowing. c.percentage change in real GDP from the previous period. d.percentage change in the price level from the previous period. 6.If the nominal interest rate is 8% and...
What is the difference between a change in the quantity supplied of Real GDP and a change in short-run aggregate supply?Aggregate supplyAggregate supply (AS) is the sum of the entire supply of goods and services that all the suppliers of the econ...
investment.:5.Theinflationrateisdefinedasthe( ): a.costofinflation.b.costofborrowing.: c.percentagechange inreal GDP fromthe previous period.i d.percentagechange inthe price levelfromthepreviousperiod.:6.Ifthenominalinterestrateis8%andrateofinflationis2%,therealinterestrateis( )ja.16%,b.10%,c...
amicable numbers among class variation among groups amount amount-of-change scal amount of asymmetry amount of debts amount of deviation amount of inspection amount of movement amountofsubstance amount of testing amounts amperemeterammeter ampere tums amphellocheiral knot amphicheirality amphicheiral knot...
A The rate of increase in wage rates equals the rate of increase in price levels. B There is a constant rise in both wage rates and price levels. C Wage rates and the price level remain constant at their original levels. D Wage rates rise when the only change is a rise in prices. ...
武汉大学经济与管理学院 《西方经济学》试题(A卷) 2007年7月6日主讲:陈忠斌 审核:姓名: 学号: 分数: 1、What is the difference between the aggregate supply and aggregate demand model used in macroeconomics and microeconomics?(15) 2、Suppose an economy’s real GDP is $30,000 in year 1 and $31...
B) Expected uncovered differential equals zero. C) Uncovered interest parity holds. D) Both (B) and (C). 13. ___ purchasing power parity states that the difference between changes over time in product-price levels in two countries will be offset by the change in the exchange rate over ...
Proponents of balanced budgets also support restricting the power and scope of the government. Their opponents want the government to have the power and the funds to affect wide-reaching change, if necessary. The history of U.S. debt goes back to the American Revolution. Almost all the deficit...
B.affects other countries currency in the foreign market. C.does affect its currency in the foreign market in an ambiguous manor. D.does not affect its currency in the foreign market. 4【单选题】(2分) A sustained change in the monetary growth rate will ___. ( ) A.eventually affect...
supply (E) remain constant as a result of economic uncertainty 【B】 4.(2019)Thailand and Malaysia are trading partners. If the price level in Thailand decreases relative to the price level in Malaysia, what will happen to Thailand’s exports to Malaysia and Thailand’s aggregate demand?