__________ is the amount of real GDP an economy can produce by fully employing its existing levels of labor, physical capital, and technology, in the context of its existing market and legal institutions.Select the two correct answers below. Select all that apply:Full-employment GDPGDPPotential GDPReal GDP2.Factors that may change net exports areSelect all that apply:changes in the price levels of countrieschanges in the relative growth rates of countries.changes in domestic consumption of US goodschanges in government spending3.Although you can make a purchase with a credit card, _______.Select the two answers below that correctly fill in the blank. Select all that apply:it is not considered money.it is considered as a long-term loan.it is considered as a short-term loan.it is not considered as a reliable way to purchase goods and services.4.t he long run aggregate supply curve isSelect the correct answer below:a)horizontal at a fixed price levelb)vertical at the full employment level of GDPc)upward sloping, illustrating the tradeoff between inflation and GDPd)downward sloping, illustrating a negative relationship between price level and GDP5.Economic adjustments can be slow ifSelect the correct answer below:a.people cannot form expectations about the future
Why Choose Us
- 100% non-plagiarized Papers
- 24/7 /365 Service Available
- Affordable Prices
- Any Paper, Urgency, and Subject
- Will complete your papers in 6 hours
- On-time Delivery
- Money-back and Privacy guarantees
- Unlimited Amendments upon request
- Satisfaction guarantee
How it Works
- Click on the “Place Order” tab at the top menu or “Order Now” icon at the bottom and a new page will appear with an order form to be filled.
- Fill in your paper’s requirements in the "PAPER DETAILS" section.
- Fill in your paper’s academic level, deadline, and the required number of pages from the drop-down menus.
- Click “CREATE ACCOUNT & SIGN IN” to enter your registration details and get an account with us for record-keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.
- From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it.