Real GDP

question 32

Multiple Choice

Real GDP

• A)moves in the opposite direction as unemployment.
• B)increases as production falls.
• C)falls when households save a smaller fraction of their income.
• D)All of the above are correct.

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Definitions:

Videotaped Conversation

A recorded interaction between individuals on video, used for analysis or study.

Equal Participation

The concept that all members of a group have the same opportunity and responsibility to contribute to a process or activity.

Self-Handicapping

A cognitive strategy by which people avoid effort in the hopes of keeping potential failure from hurting self-esteem.

Disadvantage

A circumstance or condition that unfavorably affects someone, reducing their chances of success.