Which of the Following Is Generally True When Gross Domestic

question 25

Multiple Choice

Which of the following is generally true when Gross Domestic Product (GDP) rises?

• A)the demand for loanable funds increases
• B)people are more willing and able to borrow more
• C)the demand for loanable funds decreases
• D)Both a and b are correct.

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Definitions:

Research And Development

The investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.

International Market Entry Strategies

Approaches and methods used by companies to enter foreign markets, including exporting, licensing, franchising, and direct investment.

Market Entry

The strategy or method by which a company enters a new market or industry.

Strategies

Broad plans or sets of actions designed to achieve specific goals or solve problems within an organization or endeavor.