If a nation's GDP rises,then it must be the case that the nation's
A) income and expenditure both rise.
B) income and saving both rise.
C) income rises, but expenditure may rise or fall.
D) saving rises, but income may rise or fall.
Correct Answer:
Verified
Q1: We would expect a macroeconomist, as opposed
Q2: Macroeconomists study
A)decisions of households and firms.
B)the interaction
Q2: Which of the following statements about GDP
Q3: Gross domestic product serves as a measure
Q6: For an economy as a whole,
A)income is
Q9: Because every transaction has a buyer and
Q10: Which of the following newspaper headlines would
Q11: Statistics that are of particular interest to
Q92: GDP is defined as
A) the market value
Q144: The basic tools of supply and demand
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