produced in the economy during a given base year is the total value of all final
ID: 1125330 • Letter: P
Question
produced in the economy during a given base year is the total value of all final goods and services year, calculated using the pices of a A. Nominal rate B. Aggregate Demand C. Overall Demand C. Real GDP 23. The States family measures the cost of the market basket of a typical urban United A. GDI B. GNP C. NPR D. CPI 24 in a job search. unemployment is unemployment due to the time workers spend A. Cyclical B. Frictional C. Structural D. Simplified are not included in the 25. In the United States citizens under the age of employment figures: A. 13 B. 14 C. 16 26. In a book by MIT's Andrew McCaffe and called makes the case that we are on the cusp of truly transforming technological change A. Yogi Berra, Race Against the Clock B. Milton Friedman, Race Against the Clock C. Bob Gordon, Race against the Machine D. Eric Brynjolfsson, Race against the MachineExplanation / Answer
22) THe answer is D -) Real GDP.
because real gdp is the final value of goods and services produced in the priod of time with price adjusted.
23) The asnwer is D -) CPI
consumer price index measures the cost of the market basket .
24) The asnwer is B -) Frictional unemployment.
because frictional unemployment is the unemployment which is cause by moving from one job to another.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.