There was a fall in investment spending by business in the third quarter of 2020.What would be the likely result of this?An increase in economic growthAn increase in exportsAn increase in incomeAn increase in unemploymentPlease answer both sir i have no more question sir please do Both I will rate sirWhat is the most obvious sign of inflation?An increase in importsAn increase in productivityAn increase in retail pricesAn increase in total expenditure

ANSWER - An increase in unemployment In theory, a rise in the savings rate should lead to an…

Answered: There was a fall in investment spending…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Question

There was a fall in investment spending by business in the third quarter of 2020.

What would be the likely result of this?

An increase in economic growth
An increase in exports
An increase in income
An increase in unemployment

Please answer both sir i have no more question sir please do Both I will rate sir

What is the most obvious sign of inflation?

An increase in imports
An increase in productivity
An increase in retail prices
An increase in total expenditure

Definition Definition Increase in the amount of goods and services produced by a country in a given period of time compared to an earlier period. Economic growth is generally coupled with a rise in national income or the purchasing power of individuals. It is often measured in terms of the increase in a country's gross domestic product (GDP), or the overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period.

Expert Solution

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions