If Total Intended Spending Precisely Equals GDP

question 53

Multiple Choice

If total intended spending precisely equals GDP

• A) inflation soars.
• B) consumer spending begins to decline.
• C) expected rates of return exceed interest rates.
• D) unemployment rises.
• E) GDP tends to remain unchanged.

---

Definitions:

Option Contract

A contract that gives the holder the right, but not the obligation, to buy or sell an asset at a predetermined price within a specific time frame.

Standard Sales Contract

An agreement that outlines the terms and conditions of a sale, typically using established clauses to facilitate common transactions.

Adhesion Contract

A standard-form contract prepared by one party, usually favoring that party, to which the other party has little negotiation power and often must accept as is.

Outward Manifestation

Outward manifestation refers to the external display or expression of a condition, intention, or agreement, observable by others.