If total spending rises from one year to the next, then which of the following could not be true?

a. the economy is producing a smaller output of goods and services, and goods and services are selling at higher prices.
b. the economy is producing a larger output of goods and services, and goods and services are selling at lower prices.
c. the economy is producing a larger output of goods and services, and goods and services are selling at higher prices.
d. the economy is producing a smaller output of goods and services, and goods and services are selling at lower prices.


d

Economics

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