Multiple Choice
Which of the following leads to an increase in real GDP?
A) a decrease in government spending
B) a decrease in the inflation rate in other countries relative to the inflation rate in the United States
C) a decrease in interest rates
D) Households have increasingly pessimistic expectations about future income.
Correct Answer:

Verified
Correct Answer:
Verified
Q208: Figure 12-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 12-2
Q209: Figure 12-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 12-1
Q210: Would a larger multiplier lead to longer
Q211: A rising price level decreases consumption by
Q212: If the consumption function is defined as
Q214: Given the equations for C,I,G,and NX below,what
Q215: Figure 12-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 12-2
Q216: What is the formula for the multiplier?
Q217: Increases in the price level will<br>A)lower consumption
Q218: Macroeconomic equilibrium occurs when<br>A)aggregate expenditure = GDP.<br>B)aggregate