20. Reported GDP increases when, in fact, total production is unchanged wheni. there is a shift from household production to market production.ii. a previously illegal activity is legalized.(A) i only (B) ii only(C) Neither i nor ii (D) Both i and ii.

22. The short-run aggregate supply curve(A) shows what each producer is willing and able to produce at each level of income holdingconstant potential GDP and all resource prices.(B) shows the relationship between aggregate production and the price level holding constantpotential GDP and all resource prices.(C) becomes vertical if there is excess production capacity within the economy.(D) shows a negative relationship between the price level and real national income holding constantpotential GDP and all resource prices.

20. Reported GDP increases when, in fact, total production is unchanged when
i. there is a shift from household production to market production.
ii. a previously illegal activity is legalized.
(A) i only
(B) ii only
(C) Neither i nor ii
(D) Both i and ii.

相關試題

相關試卷

20. Reported GDP increases when, in fact, total production is unchanged wheni. there is a shift from household production to market production.ii. a previously illegal activity is legalized.(A) i only(B) ii only(C) Neither i nor ii(D) Both i and ii.

相關試題

相關試卷

20. Reported GDP increases when, in fact, total production is unchanged when
i. there is a shift from household production to market production.
ii. a previously illegal activity is legalized.
(A) i only
(B) ii only
(C) Neither i nor ii
(D) Both i and ii.