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Which of the following will contribute to an increase in real GDP in a year, assuming that the nation is at full employment? Select an

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Which of the following will contribute to an increase in real GDP in a year, assuming that the nation is at full employment? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a A decrease in unemployment. b An increase in productivity. c An increase in consumer spending. d An increase in export spending. e An increase in government spending. What effect will increased spending have on real GDP if the country is already at full employment? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a An increase in spending will have a multiplier effect and will increase real GDP significantly. An increase in spending will only raise real GDP slightly because it will only increase production fora very short period of time. c An increase in spending creates a multiplier effect on incomes, signicantly raising real GDP. (1 An increase in spending might raise the nominal GDP, but will not raise the real GDP. Which of the following will contribute to an increase in real GDP in 10 years, assuming the economy is at full employment? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a A decrease in unemployment. b An increase in productivity. c An increase in consumer spending. d An increase in export spending. e An increase in government spending. How does productivity cause changes in real GDP? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a It doesn't impact real GDP. b It only impacts real GDP when the population doesn't grow. c Expanded productivity increases real output, increasing real GDP. d Increased productivity means more people are able to consume goods and services. Which of the following could increase productivity? Select all that apply. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a New technology b Increased government investment c Increased capital d Increased skills in the workforce e Increased foreign consumption How does an increase in human capital affect economic growth? Put the following steps in sequence. Drag and drop options into correct order and submit. For keyboard navigation... v. HOW MORE v Each worker can increase the number of goods and services produced. There is a greater amount of capital that workers can use. This causes real GDP per worker to increase. With enhanced skills each worker can produce more than before. Workers increase their education and skills. The workforce can produce a greater real GDP

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