If an Economy's GDP Rises, Then It Must Be the Case

question 115

Multiple Choice

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

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

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Definitions:

Disruptive Innovation

An innovation that significantly alters the way that businesses operate, often displacing established market leaders and creating new industry standards.

Gaming Console

An electronic device designed specifically for playing video games that connects to a display device like a television.

Sales Increased

A situation where the number of products sold or services provided by a company grows over a specific period.

Human Sustainability

The practice of ensuring human rights, well-being, and equitable opportunities are maintained for future generations.