As real GDP decreases,
A)induced consumption decreases.
B)planned investment increases.
C)exports increase.
D)imports increase.
E)induced consumption increases.

Name: As real GDP decreases, A)induced consumption decreases. B)planned investment increases. C)exports increase. D)imports increase. E)induced consumption increases.
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Question

Quizplus · Accepted Answer

As real GDP decreases, people's income decreases, leading to a decrease in induced consumption.

As Real GDP Decreases