Multiple Choice
The immediate effect of a purchase of a government bond on the gross domestic product (GDP) is_____.
A) a decrease in consumption
B) an increase in government spending
C) an increase in investment
D) a decrease in investment
E) nonexistent,since no real goods and services have been produced
Correct Answer:

Verified
Correct Answer:
Verified
Q16: The table below shows the price
Q17: An increase in household production will increase
Q18: A chain-weighted index recognizes the fact that
Q19: Which of the following is an example
Q20: If an economy produces final output worth
Q22: Which of the following will be excluded
Q23: The value added method to measure GDP
Q24: The statement "Gross domestic product (GDP)values all
Q25: Whenever there is inflation,increase in nominal gross
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