0
Add your answer:
Earn +20 pts
What is the relationship between aggregate expenditure and real GDP?
There is a direct proportional relationship between aggregate expenditure and real GDP. Aggregate expenditure is actually equal to real GDP. This is different from the planned expenditure.
What is the relationship between net exports and GDP?
The relationship between ne exposts and GDP makes the slope of the ae curve flatter than it would be otherwise
Aggregate supply curve?
A graphed line showing the relationship between the aggregate quantity supplied and the average of all prices as measured by the implicit GDP price deflator.
Whats does an increase in nominal GDP imply?
When the nominal GDP increases it implies that prices have increased. Nominal GDP is current prices and real GDP takes prices changes into account.
What is the relationship between investment in capital and GDP?
they both have the same influential factors
What is the relationship between human capital and GDP?
it is that the human capital is one thing and the gdp is another thing.
What is the relationship between oil price and GDP of a country?
Well we know that oil prices are a major cost for firms and consumers. When oil prices increase consumption and investment will fall, leading to a fall productivity and in aggregate demand, which we all know is equivalent to GDP.... right?
What is the relationship between aggregate expenditure and real GDP?
There is a direct proportional relationship between aggregate expenditure and real GDP. Aggregate expenditure is actually equal to real GDP. This is different from the planned expenditure.
What is the relationship between net exports and GDP?
The relationship between ne exposts and GDP makes the slope of the ae curve flatter than it would be otherwise
Aggregate demand curve?
a graphed line showing the relationship between the aggregate quantity demanded and the average of all prices as measured by the implicit GDP price deflator.
Aggregate supply curve?
A graphed line showing the relationship between the aggregate quantity supplied and the average of all prices as measured by the implicit GDP price deflator.
What is the relationship between investment in human capital and GDP?
teeth
The relationship between current account balance and GDP?
The relationship between the current account balance and the GDP is that they both reflect the production in the given economy. They both deal with the net production.
Whats does an increase in nominal GDP imply?
When the nominal GDP increases it implies that prices have increased. Nominal GDP is current prices and real GDP takes prices changes into account.
What is the relationship between investments and GDP?
both make more efficient products
What is the relationship between investment in capital and GDP?
they both have the same influential factors
GDP that is measured in unchanging prices is called?
Real GDP.
