Multiple Choice
In macroeconomics, if the value of the national product increases, there is
A) a decrease in the value of income claims on that output, due to importing.
B) an even larger increase in the value of income claims on that output, due to value added.
C) an equal increase in the value of income claims on that output.
D) a decrease in the value of income claims on that output, due to household saving.
E) a decrease in value of income claims on that output, due to taxation.
Correct Answer:
Verified
Correct Answer:
Verified
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