If Real GDP Increased by 3 Percent,then

question 117

Multiple Choice

If real GDP increased by 3 percent,then

• A)real output has increased by 3 percent
• B)the price level has increased by 3 percent
• C)consumer spending increased by 3 percent
• D)government spending increased by 3 percent
• E)the increase might have been caused by an increase in the price level,but we cannot tell for sure

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Definitions:

Legitimate Grounds

Valid or justifiable reasons for taking a certain action or stance.

Appeal

The process by which a party to a case seeks a formal change to an official decision, usually through a higher court's review of the lower court's decision.

Jurors

Members of a trial or grand jury who are selected to examine the evidence in a legal case and make a decision or finding of fact.

Trial

A formal judicial proceeding where parties present evidence and arguments to a judge or jury for a legal dispute resolution.