Solved

Exhibit 9-1 GDP and Consumption Data

Question 42

Multiple Choice

Exhibit 9-1 GDP and consumption data Exhibit 9-1 GDP and consumption data   As shown in Exhibit 9-1, if investment is $0.5 trillion, government spending is $1 trillion, net exports are - $0.5 trillion, and GDP is $2 trillion, then GDP will: A) remain unchanged. B) increase by $1 trillion. C) decrease by $1 trillion. D) increase by $2 trillion. E) decrease by $2 trillion.
As shown in Exhibit 9-1, if investment is $0.5 trillion, government spending is $1 trillion, net exports are - $0.5 trillion, and GDP is $2 trillion, then GDP will:


A) remain unchanged.
B) increase by $1 trillion.
C) decrease by $1 trillion.
D) increase by $2 trillion.
E) decrease by $2 trillion.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions