Question

During the current​ year, the government in the country of Brungaria has adopted a fiscal stimulus package to boost economic growth. The stimulus package is a major factor behind the increase in government purchases this year. As a result of these​ policies, Brungaria will experience a substantial increase in overall​ employment, gross​ investment, and consumption expenditure. In​ response, the Economic Advisory Committee of the government announces at a press conference that these results will ensure that​ Brungaria's GDP will be higher this year than it was in the previous year. Which of the​ following, if​ true, would undermine the claim of the Economic Advisory​ Committee?

Answer 1

Brungaria's exports have fallen significantly in the current year

Explanation:

The Prime Minister's Economic Advisory Council (PMEAC) provides economic advice , particularly the Prime Minister.

The Committee is an autonomous, non-constitutional, non-permanent body which is responsible for determining the main economic problems which It is faced with from a neutral perspective. This gives recommendations to the Premier on economic matters such as growth, micro-finance and factory production.

The main role of PMEAC is to provide the Prime Minister with a neutral view on economic policy issues. It also draws up a monthly industrial development report to emphasize the PM.