Multiple Choice
Which of the following leads to a decrease in real GDP?
A) an increase in government spending
B) an increase in the inflation rate in other countries, relative to inflation in Canada
C) an increase in interest rates
D) households having increasingly optimistic expectations about future income
E) an increase imports
Correct Answer:

Verified
Correct Answer:
Verified
Q40: Aggregate expenditure includes consumption spending,unplanned investment spending,government
Q106: For all points above the 45 degree
Q256: Consumption spending refers to _ spending on
Q258: The multiplier is calculated as the<br>A)change in
Q259: From 2009 to 2014, _ for Canada
Q260: Economists think that the marginal propensity to
Q262: All of the following are true statements
Q263: If planned aggregate expenditure is greater than
Q264: _ consumption is consumption that does not
Q266: If planned aggregate expenditure is below potential