Consider GDP calculated according to the expenditures approach. Which of the following components of GDP would need to decrease for GDP to increase?
a. Imports
b. Consumption
c. Exports
d. Investment
e. Government spending
a
Economics
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The above table has data from the nation of Atlantica. Based on these data, when disposal income equals $3.0 trillion,
A) dissavings equals $1.0 trillion. B) savings equals $3.0 trillion. C) dissavings equals $4.0 trillion. D) savings equals $4.0 trillion. E) savings equals $1. trillion.
Economics
If an individual invests $20 in a bank deposit promising an interest of 12 percent per annum, compounded annually, he will receive $40 after 8 years
Indicate whether the statement is true or false
Economics