Ask a new Macroeconomics question. Multiple AIs will answer your question.

Newest Macroeconomics Questions

1. The wealth effect, interest-rate effect, and exchange-rate effect are all explanations fora. the slope of short-run aggregate
   1. 1 answer
   2. asked by unknown 2.0
   3. 44 views
2. The sticky-wage theory of the short-run aggregate supply curve says that when the price level rises more than expected,
   1. 1 answer
   2. asked by unknown 2.0
   3. 49 views
3. Aggregate demand includesa. the quantity of goods and services households and firms want to buy, but not the quantity of goods
   1. 1 answer
   2. asked by unknown 2.0
   3. 42 views
4. Investment isa. a large part of real GDP, yet it accounts for a small share of the fluctuation in real GDP. b. a small part of
   1. 1 answer
   2. asked by unknown 2.0
   3. 35 views
5. In the open-economy macroeconomic model, the market for loanable funds identity can be written asa. S + I = NCO. b. S = NCO. c.
   1. 1 answer
   2. asked by unknown 2.0
   3. 37 views
6. Given a Real GDP of $5,000and a Nominal GDP of $5,500 , calculate the GDP deflator. Round your answer to the nearest tenth if
   1. 1 answer
   2. asked by SS
   3. 22 views
7. Change in Gross Domestic Product Quick Check2 of 52 of 5 Items Question The GDP for a hypothetical economy is determined to be 6
   1. 1 answer
   2. asked by SS
   3. 27 views
8. Change in Gross Domestic Product Quick Check1 of 51 of 5 Items Question In a hypothetical country, Nominal GDP has increased by
   1. 1 answer
   2. asked by SS
   3. 25 views
9. Which of the following is the amount of money in circulation in an economy?(1 point)Responses money supply money supply real GDP
   1. 1 answer
   2. 26 views
10. Which of the following is subtracted from the GDP equation?Net exports Net imports Imports Exports That is correct. That is
    1. 1 answer
    2. 19 views
11. How does inflation primarily differ from deflation?(1 point) Responses Inflation tracks changing prices but deflation does not.
    1. 1 answer
    2. 23 views
12. Which event indicates that deflation is occurring?(1 point) Responses A savings account can suddenly buy much more than before.
    1. 1 answer
    2. asked by tomdaya
    3. 19 views
13. Economic trends in China's Gross Domestic Product over a 50-year period can best be described as(1 point) Responses a gradual
    1. 1 answer
    2. 17 views
14. In one to two sentences, explain how an increase in business expenditures could affect aggregate supply, and how that effect on
    1. 9 answers
    2. asked by hi
    3. 31 views
15. In 1–2 sentences, assess the impact of inflation on economic activity. (3 points)
    1. 1 answer
    2. asked by idk
    3. 30 views
16. A tiny island country has a gross domestic product (GDP) of $25 million and a population of 500 citizens. What is its GDP per
    1. 1 answer
    2. asked by need help 100%
    3. 33 views
17. A country’s gross domestic product divided by its population is known as __________.A. GDP per capita B. standard of living C.
    1. 1 answer
    2. asked by The boundaries of the former Soviet Union changed
    3. 18 views
18. Gross Domestic Product Quick Check5 of 55 of 5 Items Question Aggregate demand is traditionally calculated by summing _____.(1
    1. 1 answer
    2. asked by SS
    3. 29 views
19. Gross Domestic Product Quick Check4 of 54 of 5 Items Question In a given year, nominal GDP grew by approximately 4% , while real
    1. 1 answer
    2. asked by SS
    3. 23 views
20. Gross Domestic Product Quick Check3 of 53 of 5 Items Question Which of the following would be considered investment in the
    1. 1 answer
    2. asked by SS
    3. 20 views
21. Gross Domestic Product Quick Check2 of 52 of 5 Items Question Which of the following products would be classified as a finished
    1. 1 answer
    2. asked by SS
    3. 24 views
22. Gross Domestic Product Quick Check1 of 51 of 5 Items Question A country's gross domestic product for a given time period is the
    1. 1 answer
    2. asked by SS
    3. 50 views
23. Suppose the price level falls but suppliers only notice that the price of their particular product has fallen. Thinking there
    1. 1 answer
    2. asked by unknown 2.0
    3. 16 views
24. Use Exhibit 4 to answer questionSuppose the economy is operating in a recession such as point B in Exhibit 4. If policymakers
    1. 1 answer
    2. asked by unknown 2.0
    3. 18 views
25. According to the model of aggregate supply and aggregate demand, in the long run, an increase in the money supply should causea.
    1. 1 answer
    2. asked by unknown 2.0
    3. 15 views
26. Which of the following events shifts the short-run aggregate-supply curve to the right?a. an increase in government spending on
    1. 1 answer
    2. asked by unknown 2.0
    3. 25 views
27. Which of the following would not cause a shift in the long-run aggregate-supply curve?a. an increase in the available labor b.
    1. 1 answer
    2. asked by unknown 2.0
    3. 23 views
28. Suppose the price level falls. Because of fixed nominal wage contracts, firms become less profitable and they cut back on
    1. 1 answer
    2. asked by unknown 2.0
    3. 19 views
29. Which of the following is not a reason why the aggregate-demand curve slopes downward?a. the wealth effect b. the interest-rate
    1. 1 answer
    2. asked by unknown 2.0
    3. 18 views
30. Suppose the economy is initially in long-run equilibrium. Then suppose there is a drought that destroys much of the wheat crop.
    1. 1 answer
    2. asked by unknown 2.0
    3. 17 views
31. uppose the economy is initially in long-run equilibrium. Then suppose there is a drought that destroys much of the wheat crop.
    1. 1 answer
    2. asked by unknown 2.0
    3. 15 views
32. The Long-Run Aggregate Supply curve represents:a. the amount our economy is actually producing. b. why lower wages increase
    1. 1 answer
    2. asked by unknown 2.0
    3. 15 views
33. The Long-Run Aggregate Supply Curve is vertical because:a. The price of luxury goods will increase as incomes increase. b. Real
    1. 1 answer
    2. asked by unknown 2.0
    3. 18 views
34. What conclusion can you draw about a country on the basis of its gross domestic product (GDP)?(1 point)Responses how many goods
    1. 1 answer
    2. 30 views
35. Given a Real GDP of $5,000 and a Nominal GDP of $5,500, calculate the GDP deflator. Round your answer to the nearest tenth if
    1. 1 answer
    2. 26 views
36. Use the table to answer the question.2000 2001 Quantity Price ($) Quantity Price ($) Sunglasses 80 10 100 12 Sunscreen 100 8 50
    1. 1 answer
    2. 31 views
37. The table above gives the quantities and prices for a hypothetical economy that only produces sunglasses and sunscreen. What is
    1. 1 answer
    2. 30 views
38. Given a GDP inflator of 120 and a Nominal GDP of 7.8 billion dollars, calculate Real GDP.(1 point)Responses 6.6 billion dollars
    1. 1 answer
    2. 37 views
39. If a country is in a recessionary period, which of the following accurately describes the behavior of real GDP over time.(1
    1. 1 answer
    2. 34 views
40. Which of the following would be counted in the investment component of this year's GDP?(1 point)Responses The market value of
    1. 1 answer
    2. 47 views
41. An increase in U.S. private savinga. increases U.S. net exports and U.S. net capital outflow the same amount. b. decreases U.S.
    1. 1 answer
    2. asked by unknown 2.0
    3. 27 views
42. Given a GDP deflator of 120 and a Nominal GDP of 7.8 billion dollars, calculate Real GDP.(1 point)Responses 6.6 billion dollars
    1. 1 answer
    2. 30 views
43. Which of the following would be counted in the investment component of this year's GDP?(1 point)Responses The market value of
    1. 1 answer
    2. 27 views
44. Use the table to answer the question.Consumption $2,000 Investment $1,000 Government Spending $1,000 Imports $500 Exports $600
    1. 1 answer
    2. 21 views
45. Which of the following is true?The structural deficit changes over the business cycle. MPS + MPC = 1. At equilibrium
    1. 1 answer
    2. 35 views
46. Given the consumption function C = R100 billion + 0.75 (R300 billion), autonomous consumption is equal to:R100 billion R225
    1. 1 answer
    2. 32 views
47. QUESTION 3/3Assume that an economy is experiencing moderate inflation, an unemployment rate of 3.9% and an increase of 4% in
    1. 1 answer
    2. 35 views
48. QUESTION 1/3Which of the following scenarios would most likely lead to a decrease in the Consumer Price Index (CPI)? A decrease
    1. 1 answer
    2. 34 views
49. QUESTION 2/3Which term refers to the total demand for goods and services in an economy at a given time? Business Cycle Consumer
    1. 1 answer
    2. 35 views
50. QUESTION 1/3Which of the following is NOT a component of Gross Domestic Product (GDP)? Consumer Price Index Investment
    1. 1 answer
    2. 33 views
51. Gross Domestic ProductQUESTION 3/3 GDP Per Capita Real GDP Which term refers to the total value of all goods and services
    1. 1 answer
    2. 22 views
52. DeflationQUESTION 2/3 Recession Inflation Which term refers to the sustained increase in the general price level of goods and
    1. 1 answer
    2. 18 views
53. The average level of prices of goods and services consumed by householdsQUESTION 1/3 The unemployment rate The rate of inflation
    1. 1 answer
    2. 19 views
54. In a two-sector economy, if the consumption function is C = 10 + 0.8Y and planned investment is R15, the equilibrium expenditure
    1. 1 answer
    2. 33 views
55. Question 1011 Point In a two-sector economy, if the consumption function is C = 10 + 0.8Y and planned investment is R15, the
    1. 1 answer
    2. 24 views
56. Given the consumption function C = R100 billion + 0.75 (R300 billion), the equilibrium level is equal to:R100 billion R225
    1. 1 answer
    2. 28 views
57. When the economy is expanding too rapidly and inflation and balance of payments problems are being experienced, the appropriate
    1. 1 answer
    2. 23 views
58. Use the information below to answer questions 80:C = 1000 + 0.75Y I = 850 G = 2500 The equilibrium level of GDP for the above
    1. 1 answer
    2. 26 views
59. Which of the following is true?The structural deficit changes over the business cycle. MPS + MPC = 1. At equilibrium
    1. 1 answer
    2. 27 views
60. The impact of government spending in the Keynesian model results in:a higher level of aggregate spending an unchanged multiplier
    1. 1 answer
    2. 28 views
61. The 45-degree line on a graph relating consumption and income shows:all points where the MPC is constant. all the points at
    1. 1 answer
    2. 21 views
62. The 45-degree line on a graph relating consumption and income shows:all points where the MPC is constant. all the points at
    1. 1 answer
    2. 24 views
63. The 45-degree line on a graph relating consumption and income shows:all points where the MPC is constant. all the points at
    1. 1 answer
    2. 23 views
64. If the United States saves $1,000 billion and U.S. net capital outflow is –$200 billion, U.S. domestic investment isa. $800
    1. 1 answer
    2. asked by unknown 2.0
    3. 46 views
65. Inflation is best described as _____.(1 point)Responses an upward, general trend of prices in the economy an upward, general
    1. 1 answer
    2. 25 views
66. he impact of government spending in the Keynesian model results in:a higher level of aggregate spending an unchanged multiplier
    1. 1 answer
    2. asked by pule
    3. 20 views
67. What is the definition of gross domestic product (GDP)?(1 point) Responses Products used to clean up messes in the home Products
    1. 1 answer
    2. 25 views
68. What is the definition of gross domestic product (GDP)?(1 point) Responses Total value of goods and services a country provides
    1. 1 answer
    2. 21 views
69. Macro Country produces a single good. In 2022, Macro Country produces a total of 5,500 units at a price of $2 per unit. In 2023,
    1. 1 answer
    2. 28 views
70. __________ GDP adjusts for inflation, while __________ GDP does not.(2 points)Put responses in the correct input to answer the
    1. 1 answer
    2. 20 views
71. QuestionGiven a Real GDP of $5,000 and a Nominal GDP of $5,500 , calculate the GDP deflator. Round your answer to the nearest
    1. 1 answer
    2. 20 views
72. In a Keynesian model of a closed economy, if autonomous consumption is R100 million, investment spending is R200 million,
    1. 1 answer
    2. 38 views
73. In the full Keynesian model, imports:decrease when income increases. remain unaffected by changes in output. increase when
    1. 1 answer
    2. 25 views
74. consider a keynesian model where: the marginal propensity to import out of income is 0.25, export 10 million, autonomous import
    1. 1 answer
    2. 28 views
75. consider a keynesian model where: the marginal propensity to import out of income is 0.25, export 10 million, autonomous import
    1. 1 answer
    2. 28 views
76. Consider the following information:Marginal propensity to consume = 0.8 Investment = R150 million Autonomous consumption = R110
    1. 1 answer
    2. 28 views
77. types of injection in the circular flow of income
    1. 1 answer
    2. 22 views
78. types of leakage in the circular flow of income
    1. 1 answer
    2. 33 views
79. Inflation is best described as _____.(1 point)Responses a downward, general trend of prices in the economy a downward, general
    1. 1 answer
    2. 31 views
80. Given a Real GDP of $5,000 and a Nominal GDP of $5,500 , calculate the GDP deflator. Round your answer to the nearest tenth if
    1. 1 answer
    2. 37 views
81. In 1-2 sentences, assess the impact of inflation on economic activity. (2 points)
    1. 1 answer
    2. 24 views
82. Aggregate demand is traditionally calculated by summing _____.(1 point)Responses consumption, investment, government spending,
    1. 1 answer
    2. 37 views
83. In a given year, nominal GDP grew by approximately 4% , while real GDP grew by only 2.3% . This difference can be accounted for
    1. 1 answer
    2. 24 views
84. Which of the following would be considered investment in the calculation of GDP?(1 point)Responses An individual purchases stock
    1. 1 answer
    2. 27 views
85. A country's gross domestic product for a given time period is the total market value of _____.(1 point)Responses all goods and
    1. 1 answer
    2. 24 views
86. Given a Real GDP of $5,000 and a Nominal GDP of $5,500 , calculate the GDP deflator. Round your answer to the nearest tenth if
    1. 1 answer
    2. 31 views
87. Use the table to answer the question.2000 2001 Quantity Price ($) Quantity Price ($) Sunglasses 80 10 100 12 Sunscreen 100 8 50
    1. 1 answer
    2. 27 views
88. In a hypothetical country, Nominal GDP has increased by 5% . Which of the following must be true?(1 point)Responses The quantity
    1. 1 answer
    2. 17 views
89. Aggregate demand is traditionally calculated by summing _____.(1 point)Responses consumption, investment, and savings
    1. 1 answer
    2. 33 views
90. In a given year, nominal GDP grew by approximately 4%, while real GDP grew by only 2.3%. This difference can be accounted for by
    1. 1 answer
    2. 29 views
91. Which of the following would be considered investment in the calculation of GDP?(1 point)Responses A school district deposits
    1. 1 answer
    2. 29 views
92. Which of the following statements about inflation is not true?a. An increase in inflation increases nominal interest rates. b.
    1. 1 answer
    2. asked by unknown 2.0
    3. 30 views
93. In addition to low economic output, recessions are usually characterized by _____.(1 point)Responses low unemployment low
    1. 1 answer
    2. 19 views
94. What is the minimum number of quarters with successive declines in real GDP that must occur before an economy is considered to
    1. 1 answer
    2. 16 views
95. What conclusion can you draw about a country on the basis of its gross domestic product (GDP)?(1 point)Responses how much
    1. 1 answer
    2. 25 views
96. Aggregate demand is traditionally calculated by summing _____.(1 point)Responses consumption, investment, and savings
    1. 1 answer
    2. 29 views
97. In a given year, nominal GDP grew by approximately 4% , while real GDP grew by only 2.3% . This difference can be accounted for
    1. 1 answer
    2. 30 views
98. Which of the following would be considered investment in the calculation of GDP?(1 point)Responses A manufacturing firm builds a
    1. 1 answer
    2. 25 views
99. A country's gross domestic product for a given time period is the total market value of _____.(1 point)Responses all goods and
    1. 1 answer
    2. 28 views
100. Deflation has occurred in the United States.a. True b. False
     1. 1 answer
     2. 20 views