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The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.
Unemployment causes GDP to decrease. GDP means gross domestic product. If there are no employees to create a product, the GDP goes down.
it decreases also
Increase in Real GDP is often interpreted as increase in welfare because Increase in Real GDP causes an increase in average interest rate in an economy by which Government expenditures (Government purchases and transfer payments) increases. Problem with this interpretation is that the Real GDP increases due to increase in price level or money market by which real money supply decreases and money supply demanded exceeds real money supply. That means that people start demanding more money in order to full fill their requirements.
depends on five factors: the real interest rate, the household’s disposable income, the household’s expected future income, wealth, and default risk. A household increases its saving if the real interest rate increases, its disposable income increases, its expected future income decreases, its wealth decreases, or if default risk decreases.
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Dinosaurs are real,
The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.
Unemployment causes GDP to decrease. GDP means gross domestic product. If there are no employees to create a product, the GDP goes down.
The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.
The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.
Real estate trends indicate a change in the economy from a variety of indications. When the price of real estate increases it indicates that the economy is booming, however, when it decreases the economy is becoming unstable.
it decreases also
Boyle, Gay-Lussac & Charles, combined Robert Boyle (Irish, 1662) Edme Mariotte (French, 1676) These 2 guys invited this general idea for gas in about the same time. Gay-Lussac-Charles (1787): pV=const.(in the perfect gas). This guy calculated that volume of gas adequately increases, when pressure decreases. And other way round. However, this theory does not work for in real enviromnent.
Increase in Real GDP is often interpreted as increase in welfare because Increase in Real GDP causes an increase in average interest rate in an economy by which Government expenditures (Government purchases and transfer payments) increases. Problem with this interpretation is that the Real GDP increases due to increase in price level or money market by which real money supply decreases and money supply demanded exceeds real money supply. That means that people start demanding more money in order to full fill their requirements.
What increases, decreases and stays the same during a economic expansion? Choices: tax revinue, consumer income, budget surplus, aggregate demand, budget deficit, aggregate supply, real GDP, corporate profits