Exhibit 5-1
-Exhibit 5-1 shows that from the beginning of period 1 to the end of period 2,
A) real GDP decreased and then increased
B) real GDP increased and then decreased
C) real GDP fell from $10,000 to $6,000
D) real GDP rose from $6,000 to $10,000
E) the inflation rate fell from 4 to 1
Correct Answer:
Verified
Q61: In terms of the aggregate demand and
Q63: Exhibit 5-1 Q64: According to John Maynard Keynes' General Theory Q65: On an aggregate demand and aggregate supply Q67: Adam Smith's "invisible hand" explains Q68: Equilibrium of aggregate supply and aggregate demand
A)why people act
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