menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 10: Measuring a Nations Income: The Economy's Income and Expenditure
  5. Question
    If an Economy's GDP Falls,then It Must Be the Case
Solved

If an Economy's GDP Falls,then It Must Be the Case

Question 11

Question 11

Multiple Choice

If an economy's GDP falls,then it must be the case that the economy's


A) income falls and saving rises.
B) income and saving both fall.
C) income falls and expenditure rises.
D) income and expenditure both fall.

Correct Answer:

verifed

Verified

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

Related Questions

Q7: In a simple circular-flow diagram,firms<br>A)purchase resources from

Q9: In a simple circular-flow diagram,<br>A)households spend all

Q10: In a simple circular-flow diagram,firms use the

Q12: If an economy's GDP rises,then it must

Q14: According to the circular-flow diagram GDP<br>A)can be

Q15: For the economy as a whole,<br>A)income must

Q63: Expenditures on a nation's domestic production<br>A)are less

Q153: In the GDP accounts production equals<br>A)income.<br>B)income +

Q221: In a simple circular-flow diagram, total income

Q226: Because every transaction has a buyer and

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines