Multiple Choice
If a component of aggregate demand increases,
A) GDP in the United States is likely to increase less than that component of spending increased.
B) GDP in the United States is likely to increase more than that component of spending increased.
C) GDP in the United States is likely to decrease.
D) GDP in the United States will not change.
Correct Answer:

Verified
Correct Answer:
Verified
Q70: If interest rates rise,what will happen to
Q71: Starting from a balanced budget,which of the
Q72: When aggregate demand meets aggregate supply in
Q73: Contractionary fiscal policy can lead to a
Q74: Which of the following is an advantage
Q76: Expenditure-switching policies designed to improve a current
Q77: Used alone,an expenditure-reducing policy that lowers aggregate
Q78: If aggregate supply meets aggregate demand in
Q79: Explain why macroeconomic policies that are coordinated
Q80: Which of the following may NOT serve