Which of the following will likely lead to an increase in real GDP in the U.S. Group of answer choices The U.S. begins a new war in the middle east A massive hurricane destroys homes and infrastructure in the Eastern US The growing student debt burden forces American households to begin working twice as many hours each week all of the above
Which of the following will likely lead to an increase in real GDP in the U.S. Group of answer choices The U.S. begins a new war in the middle east A massive hurricane destroys homes and infrastructure in the Eastern US The growing student debt burden forces American households to begin working twice as many hours each week all of the above
Chapter15: Gross Domestic Product
Section: Chapter Questions
Problem 16SQ
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Question
Which of the following will likely lead to an increase in real
Group of answer choices
The U.S. begins a new war in the middle east
A massive hurricane destroys homes and infrastructure in the Eastern US
The growing student debt burden forces American households to begin working twice as many hours each week
all of the above
Many people believe that GDP is not a good indicator of economics success or standard of living because
Group of answer choices
GDP doesn't tell us anything about the distribution of income
GDP doesn't include leisure time as a good
GDP does not account for "bads" like pollution
all of the above
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