What will happen to each of gdps components

Reference no: EM13243372

suppose that in one year household consumption falls by $20 billion(compared to the year before), but business firms continue to produce consumer goods at an unchanged rate. if there is no other change affecting real GDP that year, what will happen to total real GDP? what will happen to each of its components?

Reference no: EM13243372

Questions Cloud

What is the density : You need to determine the density of a ceramic statue. If you suspend it from a spring scale, the scale reads 28.4N. What is the density

What will be profit if entrepreneurs total revenue is given : A firm pays in cash $250000 in wages, $55430 in interest onborrowed money capital and $74320 for the yearly rental of itsfactory building. If the entrepreneur worked for somebody else as a manager. What will be the total profit if the entrepreneur..

What percentile among human births : The gestation period for human births can be taken as normally distributed with a mean of 266 days and a standard deviation of 16 days.If a gestation period is 276 days, what percentile among human births is this?

What frequency will the fuse burn out : A 63.0 ?F capacitor is connected to a generator operating at a low frequency. The rms voltage of the generator is 4.00 V, at what frequency will the fuse burn out

What will happen to each of gdps components : suppose that in one year household consumption falls by $20 billion(compared to the year before), but business firms continue to produce consumer goods at an unchanged rate. if there is no other change affecting real GDP that year

Can there be a competitive equilibrium in the case : a, If the prie of output is p>c, how much should a typicalfirm produce can there be a competitive equilibrium in this case b, If the price of output is p

What is the tension in the string : A small ball with a mass of 49.0g and a charge of ?0.170?C is suspended from the ceiling by a string. What is the tension in the string when the second ball is directly beneath the first ball

Chi-square goodness-of-fit test for analysis : Determine if the values are uniformly distributed. The researcher is using the chi-square goodness-of-fit test for this analysis.

City-state of athens created this form of government : This teacher articulated the ethical and religious ideas of Persia. Form of poetry exemplified by the Odyssey. The Mediterranean Triad was. The city-state of Athens created this form of government

User Account

All Pages