Which of the following is a sign of a strong economy A. An increase in GDP B. A shrinking economy C. An increase in unemployment D. A decrease in spending power
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Which of the following is a sign of a strong economy
A. An increase in
B. A shrinking economy
C. An increase in
D. A decrease in spending power
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- Would you usually expect GDP as measured by what is demanded to be greater than GDP measured by what is supplied, or the reverse?Country A has export sales of 20 billion, government purchases of 1,000 billion, business investment is 50 billion, imports are 40 billion, and consumption spending is 2,000 billion. What is the dollar value of GDP?Which of the following is added to the GDP? A. Exports B. Imports C. Net Exports D. Personal Income Tax
- At any given amount of income, an increase in consumption will result in a. A rise in total demand b. A boost in exports c. Decrease in tax revenue d. A reduction in the amount of money spent on importsWhat factors can lead to an increase in a country's Gross Domestic Product (GDP)?Please help me understand, How can a country increase its GDP?
- ! Pub The population of country X is 1,000 people. Here are the expenditures for country X for one year. Consumption Expenditures $500,000 Investment Expenditures Government Expenditures $400,000 $150,000 Imports $50,000 24. What is the GDP of country X? 25. What is the per capita GDP of Country X? 26. The city of Detroit has high unemployment. The automobile industry in Detroit has suffered from global competition and has moved much of the remaining production out of Detroit. The population of the city has fallen from a high of 1,850,000 in 1950 to 701,000 in 2013. Some of the highest crime rates in the United States are now those of Detroit, and huge areas of the city are in a state of severe urban decay. The police force and fire service do not have enough money to pay for staff and equipment such as fully operational vehicles. In 2013, Detroit filed the largest municipal bankruptcy case in U.S. history. How does unemployment affect the income of city? Describe how unemployment…Potential GDP is ______$ Ss attachedWhen GDP increase ?
- When a business buys a new computer to design its product, this spending is called? A. Goverment expenditure B. Investment C. Consumption D. ExportK The table shows items of income and expenditure in the United States in 2009. Calculate GDP in the United States in 2009. GDP in the United States in 2009 equals $ billion. Item Wages Consumption expenditure Other factor incomes Investment Government expenditure Net exports Billions of dollars 8,000 10,000 3,400 1,500 2,900 - 340How will an increase in the amount of scholarships and pensions given by the government affect the level of GDP? a. Increase in the level of unemployment b. Increases the level of gross domestic capital formation c. No effect d. Increase in net exports
