Suppose Real GDP Increases by $1 Billion And, as a Result

question 8

Multiple Choice

Suppose real GDP increases by $1 billion and, as a result, consumption increases by $500 million. This change in consumption is

• A)unplanned.
• B)induced.
• C)autonomous.
• D)too little.
• E)planned.

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Definitions:

False Positives

Incorrect identifications where a test result improperly indicates presence of a condition (like a disease) when it is not actually present.

Test Positive

To show the presence of a particular condition or substance in a test, indicating that the condition or substance was detected.

British Columbia

A province located on the west coast of Canada, known for its natural scenery and diverse landscapes.

Sunny Days

Days characterized by sunshine with clear, cloudless skies.