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Q: What will happen if GDP increases?
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What will happen to the equilibrium price level and the real GDP if the aggregate demand increases and aggregate supply decreases?

The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.


What will happen to the equilibrium price level and the real GDP if the aggregate demand decreases and aggregate supply increases?

The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.


How does investing in human capital affect GDP?

it increases it (gdp)


Umeployement increase when real GDP increases or real GDP decreases or output increases?

Unemployment causes GDP to decrease. GDP means gross domestic product. If there are no employees to create a product, the GDP goes down.


How is nominal GDP is converted into real GDP?

by eliminating the effects of price increases on GDP growth


What effect does repo and reverse repo rate will have on your GDP?

if gdp increases, it will increases prices and the repo rate has to be decreased in order to


How is debt-to-GDP ratio calculated?

(primary balance/GDP)*100 .GDP decreases. Debt increases.


What are two ways the debt to GDP ratio can increase?

GDP Decreases and Debt Increases


What are two ways the debt-to-GDP ratio increase?

debt increases and GDP decreases.


If intermediate goods are included in GDP what would happen to the GDP?

the GDP would be overstated


What will happen to the equilibrium price level and the real GDP if the aggregate demand decreases and aggregate supply decreases?

The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.


Whats does an increase in nominal GDP imply?

When the nominal GDP increases it implies that prices have increased. Nominal GDP is current prices and real GDP takes prices changes into account.