Once more, consider the economy of Economia.If households started buying more houses and firms started buying more assets used to producethings, what would happen to GDP, all else equal?It would rise because I would rise.O It would rise because C would rise.O It would fall because C would fall.O It would fall because I would fall.

When talking about GDP, any change in buying behavior of households and firms will have a…

Once more, consider the economy of Economia. If households started buying more houses and firms started buying more assets used to produce things, what would happen to GDP, all else equal? O It would rise because I would rise. O It would rise because C would rise. O It would fall because C would fall. O It would fall because I would fall.

Once more, consider the economy of Economia. If households started buying more houses and firms started buying more assets used to produce things, what would happen to GDP, all else equal? O It would rise because I would rise. O It would rise because C would rise. O It would fall because C would fall. O It would fall because I would fall.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter19: Measuring Economic Performance

Section: Chapter Questions

Problem 1P

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