Out of the options below, which is the best answer for a complete analysis of economic conditions? GDP: +1.2 Consumption: +0.1% Investment: +3.0% Government Expenditures: +0.5% Net Exports = Unchanged a. Consumer spending is down but consumer investing is up. I expect the stock market to be reaching new highs b. While GDP growth is slow, the future is bright because firms are investing in new plant and equipment a. The economy is doing well at 1.2% growth. d. GDP is growing but with flat consumption, increased investment is likely due to inventory increases. This is a bad sign for the economy now and perhaps next quarter.
Out of the options below, which is the best answer for a complete analysis of economic conditions? GDP: +1.2 Consumption: +0.1% Investment: +3.0% Government Expenditures: +0.5% Net Exports = Unchanged a. Consumer spending is down but consumer investing is up. I expect the stock market to be reaching new highs b. While GDP growth is slow, the future is bright because firms are investing in new plant and equipment a. The economy is doing well at 1.2% growth. d. GDP is growing but with flat consumption, increased investment is likely due to inventory increases. This is a bad sign for the economy now and perhaps next quarter.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Out of the options below, which is the best answer for a complete analysis of economic
conditions?
Consumption: +0.1%
Investment: +3.0%
Government Expenditures: +0.5%
Net Exports = Unchanged
a. Consumer spending is down but consumer investing is up. I expect the stock market to be reaching new highs
b. While GDP growth is slow, the future is bright because firms are investing in new plant and equipment
a. The economy is doing well at 1.2% growth.
d. GDP is growing but with flat consumption, increased investment is likely due to inventory increases. This is a bad sign for the economy now and perhaps next quarter.
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