When real GDP is less than potential GDP, an increase in government expenditures will ___ real GDP and ___ the price level. a. increase; lower b. decrease; raise c. increase; raise d. decrease; lower The GDP gap...
Standards of living are measured by: a) nominal GDP per capita b) real GDP per capita c) inflation rates d) unemployment rates Economic growth is defined as equal to the increase in A) employment. B) population. C) real GDP. D) th...
so-called growth strategy, promoting private investment through the structural reforms. But through that time, we saw a unique situation of the economy, which is stagnation of the nominal growth, where nominal GDP was basically flat for
As Dr. Philip George says: “When interest rates go up, flows into savings and time deposits increase.” I.e., transaction deposits are shifted into savings’ deposits — even as the volume of bank deposits remains unchanged. The expansion of time/savings deposits in the payment’s system a...
In the United States, the slope factor is known to be an important predictor of future GDP growth. In particular, flattening of the yield curve is associated with a slowdown in future economic activity (See Ang et al 3 ). Finally, the curvature factor is also highly time-varying, although...
In the United States, the slope factor is known to be an important predictor of future GDP growth. In particular, flattening of the yield curve is associated with a slowdown in future economic activity (See Ang et al3). Finally, the curvature factor is also highly time-varying, although ...
Nominal GDP can rise even when real GDP is falling considerably. I think about the stagflation of the 1970s. The Fed at the time seemed to want to inflate their way out of the problem. In a situation like this, the Fed is aiming to make sure that the money supply is increasing grea...
If nominal GDP grew by 10 percent and real GDP grew by 5 percent, then the GDP deflator grew by approximately ___ percent. a. 8 b. 5 c. 3 d. 2 e. none of the above Real GDP: Real GDP is a macr...
Answer to: Increased production, but not increased inflation, will result in higher a. nominal GDP. b. money GDP. c. real GDP. d. current dollar...
Answer to: The CPI measures approximately the same economic phenomenon as: a. nominal GDP b. real GDP c. the GDP deflator d. the unemployment rate...