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.
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 1P
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Question
![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?
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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6a7c72bb-8430-412c-8547-87bb6620a893%2F1bc4d63c-9953-43a3-9216-b147cd8c864a%2Ff2w05h_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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?
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.
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