If the price of inputs rises and foreign income rises:
a. Price index rises, and the change in real GDP is uncertain.
b. Price index falls, and real GDP rises.
c. Price index falls, and real GDP falls.
d. Price index falls, and the change in real GDP is uncertain.
e. The change in price index is uncertain, and real GDP rises.
.A
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An improvement in the quality of U.S. goods would lead to a ________ in the demand for dollars and a ________ in the exchange rate
A) rise; rise B) rise; fall C) fall; rise D) fall; fall
Horizontal contracts generally run ______the goals of the customers
a. Indifferent to b. In line with c. Contrary to d. None of the above
For conducting a marginal analysis, individuals compare ____________
a. marginal utility and marginal productivity. b. marginal interest and marginal price. c. marginal wage and marginal yield. d. marginal benefit and marginal cost.
When the housing bubble popped, the effect of the negative demand side shock and the negative supply side shock were the same on:
A. output, causing it to definitely decrease. B. prices, causing them to definitely rise. C. output, causing it to definitely increase. D. prices, causing them to definitely fall.