Which of the following will increase macroeconomic equilibrium real gross domestic product?
A)a decrease in government spending.
B)an increase in productivity.
C)an increase in taxes.
D)an increase in input prices.

Question

Quizplus · Accepted Answer

An increase in productivity will lead to an increase in output and an increase in macroeconomic equilibrium real gross domestic product. A decrease in government spending, an increase in taxes, and an increase in input prices will likely lead to a decrease in output and macroeconomic equilibrium real gross domestic product.

Which of the Following Will Increase Macroeconomic Equilibrium Real Gross