Due to an increase in real GDP:
a. Real consumption rises and real gross private domestic investment falls.
b. Real consumption rises and real net exports fall.
c. Real gross private domestic investment rises and real net exports rise.
d. Real consumption rises and real gross private domestic investment remains the same.
e. None of the above.
.B
Economics
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Opportunity cost is always measured in dollar terms, rather than in terms of real goods and services
a. True b. False
Economics
Chris just completed his college degree from a prestigious university. He did not go to school to become more productive. Rather, he went to school and completed his degree to convey his innate productivity to employers. To which theory of education does he subscribe?
Economics