If an economy's GDP falls,then it must be the case that the economy's
A) income and saving fall.
B) income and market value of all production both fall.
C) income falls and market value of all production rises.
D) income rises and market value of all production falls.
Correct Answer:
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Q6: For an economy as a whole,
A)the market
Q7: For the economy as a whole,
A)income must
Q8: In a simple circular-flow diagram,households buy goods
Q10: In a simple circular-flow diagram,
A)households spend all
Q13: In the actual economy,households
A)spend all of their
Q14: If an economy's GDP falls,then it must
Q16: Gross domestic product measures
A)income and expenditures.
B)income but
Q143: In a simple circular-flow diagram, total income
Q146: Expenditures on a nation's domestic production
A)are less
Q150: In the GDP accounts production equals
A)income.
B)income +
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