Past centuries witnessed two important stock price bubbles. The first one occurred between ________, and the second one occurred between ________

If real GDP has increased, which of the following statements is always true?

A) Nominal GDP has increased. B) Output has increased. C) Prices have remained the same. D) Output might have decreased if prices have risen enough.

A decrease in the Z factors represents

A. a contractionary fiscal policy. B. an easing of monetary policy. C. a tightening of monetary policy. D. an expansionary fiscal policy.