Economy experienced increasing real gdp

Assignment Help Business Economics
Reference no: EM13769556

Which of the following probably occurred as the U.S. economy experienced increasing real GDP in 1954? Check all that apply

A. Consumer spending increased

B. Industrial production declined

C. Retail sales increased

C. Home sales declined

Reference no: EM13769556

Questions Cloud

The industrial revolution impacted the engineering field : What was the primary element that changed the we create theories or scientificly based objects?
What are the nations comparative advantages : Free Trade has been growing! Does NAFTA [North America Free Trade Agreement] sound familiar? NAFTA was passed under the Clinton administration. Nine years later, U.S. Congress approved CAFTA [Central America Free Trade Agreement] which was signed int..
Determine the equilibrium prics and quantity : Suppose that the monthly demand function of a particular commodity is given by P= 200 -0.4x and the supply function is P = 0.2x + 80 where x is the number of units demanded and supplied and P is in pesos. Determine the equilibrium prics and quantity
What is the future worth of a series of even payment series : What is the future worth of a series of even payment series of $1,674 made at the end of each 6-month period for 9 years at 6 % compounded semi-annually?
Economy experienced increasing real gdp : Which of the following probably occurred as the U.S. economy experienced increasing real GDP in 1954? Check all that apply
Subsequent withdrawal increases at the rate : Ten equal annual deposits, $A, are followed by 5 annual withdrawals. The first withdrawal of $12,000 is made at the end of year 11 and each subsequent withdrawal increases at the rate of 8% per year over the previous year’s withdrawal. Which of the f..
Describe a way that hr can be used as a competitive advantag : You are required to research and choose articles relevant to how HR can be used as a competitive advantage and post the article or link to an article for everyone to read. The post must include a summary of salient points that will entice your classm..
Models oversimplify complex business relationships : Are the Internet business models B2C and B2B useful or do these models oversimplify complex business relationships?
Finances current expenditures that exceed : Deficit spending results whenever the government. Issues bonds to finance. Finances current expenditures that exceed. Refinance the dept. none of these choices

Reviews

Write a Review

Business Economics Questions & Answers

  Nations marginal propensity to consume

Assume that a nation’s marginal propensity to consume is 0.9, and that its potential GDP exceeds its actual real GDP by $5000. By how much should that nations’ government change taxes in order to completely close that GDP gap?

  Illustrate what is the relative labor supply in the economy

Illustrate what is the relative labor supply in the economy. Derive it and draw it in the same picture as in part (a). Calculate the equilibrium relative price of labor.

  What you would rather maximize your total-marginal utility

Explain what you would rather maximize your total or marginal utility? How do you think you would determine when to stop consuming if you were at an all you can eat buffeted?

  Should joe continue to search or buy a dvd player

Joe's search costs are $7 per search. He wants to buy a DVD player for his wife for Christmas and lowest price he's found so far is $200. Should Joe continue to search or buy a DVD player at a price of $200.

  Fits the model also elucidate your rationale

Provide an example of a specific industry that you believe fits the model also elucidate your rationale.

  Sketch a diagram of bridgewaters budget constraint

Sketch a diagram that illustrates what happened to the Bridgewaters' budget constraint. Could they have been made worse off by the change.

  Should the government increase the minimum wage

Should the government increase the minimum wage? What should be the GUIDELINES for an increase? What are some of the disadvantages of an increase?

  Aggregate demand induced recession

Compare the effects of an aggregate-demand-induced recession with an aggregate-supply-induced recession.

  What is the marginal revenue product

What is the marginal revenue product of hiring one low-skilled worker to clear woodland for one month.

  Subjective definition of probability

Subjective definition of probability is:Select one:A. a weighted average of different peoples' degrees of certainty of an event's occurringB. a theoretical probability distributionC. a person's degree of certainty of an event's occurringD. an expecte..

  What if the probability of dying

If over speeding by 10 mph results in the probability of dying in one hour to be 1 in 400,000, use the Jones-Lee approach to estimate Junior’s value for his life if he makes $90 per hour. What if the probability of dying is 1 in 5,000,000?

  Calculate expected dollar value of the car without insurance

A driver faces a 5% probability that his car will be in an accident and will be worth nothing. Consider three drivers with cars that have value $30,000. Abdulla's utility function over the value of his car W is u(W) = ln(1 + W). Bedriya's utility ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd