Which Set of Changes Is Definitely Predicted to Lower Real

question 47

Multiple Choice

Which set of changes is definitely predicted to lower Real GDP in the short run?

• A) The money supply rises and labor productivity rises.
• B) The U.S.dollar depreciates and wage rates fall.
• C) The U.S.dollar appreciates and labor productivity rises.
• D) Foreign real national income falls and wage rates rise.
• E) none of the above