GDP and GNP, Macroeconomics

y explain whether you agree or disagree with the following statements.
“If nominal GDP is less than real GDP, then the price level must have fallen during the year.”
Posted Date: 3/5/2014 2:08:16 AM | Location : Malaysia







Related Discussions:- GDP and GNP, Assignment Help, Ask Question on GDP and GNP, Get Answer, Expert's Help, GDP and GNP Discussions

Write discussion on GDP and GNP
Your posts are moderated
Related Questions
The consumer's utility function is u(x1,x2) = (x1) (x2)^2 (a) Graph his budget constraint for p1 = 3, p2 = 2 and M = 900, and write down the equation for his budget line. (b)

In multiple regression analysis, before testing the significance of the individual regression coefficients, (a) the intercept must equal 0. (b) the multiple standard error of the e

If rice production is land intensive and computer production is labor intensive, though both good require some land and labor, the two-good production possibilities frontier will c

The aim of this task is to explore the effects of a supply shock on a firm and thereby on the industry. Suppose that war breaks out in the Middle East, where a considerable portion

Perfect Competition. a.  What does it mean for a market to be perfectly competitive?  What are the three conditions of perfect competition.  What does it mean for firms to be 'p

How are the qualitative aspects of development measured? Development includes the evolution of more safe, stable, participatory and only societies. This involves capacity deve

Interest rate determination  The real interest rate r will be equal to the equilibrium real interest rate In the classical model we define equil

#questionKeynes liquidity Preference theory stipulates that money demand is negatively related to current income and positively related to interest rate..


Those economists who believe that monetary policy is more potent than fiscal policy argue that the: A) Responsiveness of money demand to the interest rate is large. B) Responsive