If an Economy's GDP Falls,then It Must Be the Case

question 4

Multiple Choice

If an economy's GDP falls,then it must be the case that the economy's

• A)income and saving fall.
• B)income and market value of all production both fall.
• C)income falls and market value of all production rises.
• D)income rises and market value of all production falls.

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Definitions:

Savings

Money that is set aside for future use rather than being spent immediately, often with the aim of achieving longer-term financial goals.

Retire

In finance, it often refers to the paying off or buying back of debt or securities, implying the removal of these items from the financial markets.

Invested

Capital that has been put into a project, company, or various assets to earn profits or achieve other financial goals.

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.