Hello please help with the below questions! Thank you in advanced

Based on our definition of full employment from class, if we assume that the economy is currently producing at Potential GDP, then which of the following would be a correct statement:

a. if there is a decrease in the demand for labor and wages decrease, then the economy will be operating below what we consider to be full employment b. if there is a decrease in the demand for labor and wages decrease, then the economy will remain at full employment c. if there is a decrease in the demand for labor and wages remain the same, then the economy will remain at full employment d. if there is a decrease in the demand for labor and wages decrease, then the economy will enter into a recessionary gap e. both a and d are correct f. none of the above is correct

GDP consists of expenditure on consumption, investment and government spending. Which of these expenditure categories is the largest category: a. Consumption expenditure b. Investment expenditure

c. Government expenditure d. there is no one category that is the largest, they are all equal in size

Spending on consumption can be broken down to expenditure on nondurable goods, services and durable goods. Which of these expenditure categories is the largest category: a. expenditure on nondurable goods b. expenditure on services

c. expenditure on durable goods d. there is no one category that is the largest, they are all equal in size

As discussed in class, which of the following can result from an increase in government expenditure financed through borrowing: a. decrease in bond prices b. increase in interest rates

c. increase in private sector investment

d. decrease in private sector investment

e. all of the above