________increases real GDP.
A) An increase in employment
B) A decrease in government spending
C) A fall in the price level
D) An increase in the natural rate of unemployment
Correct Answer:
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Q23: The accumulated loss of output that results
Q24: The number of companies making shoes decreases.
Q25: An increase in the population will _potential
Q26: The circular flow model shows that GDP
Q27: The labor force is defined as
A) all
Q29: GDP is defined as
A) generally demanded product.
B)
Q30: An increase in the productivity will _potential
Q31: The difference between nominal GDP and real
Q32: The demand for labor _and the accumulated
Q33: Comparing the unemployment rate and the business
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