Determine that is GDP higher or lower

Reference no: EM131832984

Question: As we note in the chapter, an oil price shock will probably increase the size of an oilcentered city like Houston, Texas. During the time that people are moving to Houston, looking for jobs, and switching jobs to find the best job possible, do you think GDP will be lower than usual or higher than usual? (Try focusing on the production part of GDP in answering this question.)

Reference no: EM131832984

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