Economists and policymakers are committed to encouraging a high and growing level of real GDP because
A) this implies a lower price level.
B) this means a higher level of unemployment.
C) this implies an increase in investment.
D) this means greater consumption opportunities.

Question

Quizplus · Accepted Answer

A high and growing level of real GDP indicates an expanding economy, which typically means more jobs, higher incomes, and thus greater consumption opportunities for the population.

Economists and Policymakers Are Committed to Encouraging a High and Growing