As Real GDP Increases

question 73

Multiple Choice

As real GDP increases,

• A)autonomous consumption increases.
• B)planned investment increases.
• C)exports increase.
• D)imports increase.
• E)imports decrease.

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Definitions:

Fair Price

A price that is considered equitable for both the buyer and seller, taking into account the costs of production and market demand.

Ethical Dimension

Pertains to the moral aspects and considerations that influence conduct, ensuring actions and decisions support fair and just practices.