Which of the Following Leads to an Increase Real GDP

question 270

Multiple Choice

Which of the following leads to an increase real GDP?

• A)a decrease in government spending
• B)a decrease in the inflation rate in other countries, relative to the inflation in the United States
• C)a decrease in interest rates
• D)households have increasingly pessimistic expectations about future income
• E)an increase in imports

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Definitions:

Grievance Process

A formalized procedure for employees to file complaints or concerns regarding workplace issues, aiming for a resolution.

Industrial Relations

The study and practice of managing the relationships between employers, employees, and trade unions.

Worker Centers

Community-based and advocacy-focused organizations that provide support to workers who are often in low-wage jobs and not represented by a union.

Labor Markets

Economic markets where labor is traded, characterized by the demand and supply of labor force.