Question

As long as the Spending GDP is just enough to "buy up" the $5000 billion Production GDP, this macro-economy will have stable prices with a ____________ level for "Average Price"..

Answer 1

Answer:

This question includes the following  options:

A. $2.00

B. $5000

C. $500

D. $3500

Determining how fast the nation's economy is growing requires comparing 1/4 of the nation's GDP to its previous quarter; sometimes the government increases spending during a recession to stimulate the economy. Thus the economic output of the nation is determined by the GDP Growth .

GDP stands for "Gross Domestic Product" which means the value of all goods and services produced in a year nationwide; the Spending GDP includes the money spent by the public sector in public consumption and public investment such as education, infrastucture, healthcare, acquisition of goods etc.

The macro economy example above would have stable prices with a $2.00 level for average price. Thereby the answer would be: A.