One of the reasons why real GDP grows is that
A) prices increase.
B) governments collect more taxes.
C) capital grows as a result of investment.
D) imports increase.
E) people have more income.
Correct Answer:
Verified
Q2: Which one of the following is true?
A)Y
Q3: The circular flow diagram illustrates the expenditures
Q5: Gross domestic product is
A)the final value of
Q6: Which of the following statements is true?
A)Final
Q7: Which one of the following is false?
A)Y
Q8: Which of the following is not correct?
A)Investment
Q9: Of the following items, which one would
Q10: Which of the following would be an
Q11: Complete the following sentence. Net exports equals
A)exports
Q13: Which one of the following flows from
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