If total spending rises from one year to the next,then which of the following could not be true?
A)the economy is producing a smaller output of goods and services,and goods and services are selling at higher prices.
B)the economy is producing a larger output of goods and services,and goods and services are selling at lower prices.
C)the economy is producing a larger output of goods and services,and goods and services are selling at higher prices.
D)the economy is producing a smaller output of goods and services,and goods and services are selling at lower prices.

Question

Quizplus · Accepted Answer

If total spending rises, it cannot be true that both output and prices are lower, as this would lead to a decrease in total spending, not an increase.

If Total Spending Rises from One Year to the Next,then