61 853
Assignments Done
98,1%
Successfully Done
In May 2018

Answer to Question #42605 in Macroeconomics for Rachel

Question #42605
True or false:
1. When nominal GDP is increasing, while its real GDP is decreasing, the GDP deflator must be greater than 100?

2. For an open economy, domestic investment is always equal to national saving?
Expert's answer
1. It's true, because in this case therewill be inflation and the level of inflation will be high enough. And if there
is an inflation, deflator is greater than 100.

2.It's false, because in the open economy there is also an investment abroad, so domestic investment is not always equal to national saving.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions