Which of the Following Leads to a Decrease Real GDP

question 31

Multiple Choice

Which of the following leads to a decrease real GDP?

• A)an increase in government spending
• B)an increase in the inflation rate in other countries,relative to the inflation in the United States
• C)an increase in interest rates
• D)Households have increasingly optimistic expectations about future income.

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Definitions:

Sandwich Generation

Middle-aged adults who are taking responsibility for both dependent children and parents at the same time, and being sandwiched by these obligations.

Human Relations

The study and management of how people interact in professional settings to increase productivity, satisfaction, and organizational effectiveness.

Talents and Abilities

Inherent skills and capacities that individuals possess, which can be developed and applied to various tasks or activities.

Productivity

The measurement of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.