Multiple Choice
What is the immediate effect on GDP of Ibrahim's purchase of a government bond?
A) Consumption will decrease because Ibrahim has less money to spend.
B) Government spending will increase because governments will need to spend more.
C) Investment will increase because the purchase of a bond is a form of economic investment.
D) There will be no effect, because no real goods and services have been produced.
Correct Answer:
Verified
Correct Answer:
Verified
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