Economists and Policy Makers Are Committed to Encouraging a High

question 119

Multiple Choice

Economists and policy makers are committed to encouraging a high and growing level of real GDP because:

• A) This implies a lower price level
• B) This means a higher level of unemployment
• C) This implies an increase in investment
• D) This means greater consumption opportunities

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Definitions:

Corporate Powers

Legal authorities and capacities granted to a corporation by law, including entering into contracts, owning assets, and issuing stock.

Businessperson

An individual actively involved in the business world, especially in activities related to operating, managing, or investing in businesses.

Contract

A legally enforceable agreement between two or more parties that creates mutual obligations.

Investor

An individual or entity that allocates capital with the expectation of achieving a financial return, often by purchasing securities, real property, or other investment vehicles.