Suppose the Government decides to enter the Syrian Civil War and as a result inc

Question

Suppose the Government decides to enter the Syrian Civil War and as a result increases military spending.

Question 5

As a result of the situation above what will happen to GDP

Select one:

a. Increase

b. Decrease

c. Stay the same

d. Not enough information

Question 6

As a result of the situation above what will happen to inflation

Select one:

a. Increase

b. Decrease

c. Stay the same

d. Not enough information

Question 7

As a result of the situation above what will happen to the unemployment rate

Select one:

a. Increase

b. Decrease

c. Stay the same

d. Not enough information

Suppose the government increases the minimum wage, substantially increasing firms labor costs.

Question 8

As a result of the situation above what will happen to GDP

Select one:

a. Increase

b. Decrease

c. Stay the same

d. Not enough information

Question 9

As a result of the situation above what will happen to inflation

Select one:

a. Increase

b. Decrease

c. Stay the same

d. Not enough information

Question 10

As a result of the situation above what will happen to the unemployment rate

Select one:

a. Increase

b. Decrease

c. Stay the same

d. Not enough information

Suppose the Government decides to enter the Syrian Civil War and as a result increases military spending. As a result of the situation above what will happen to GDP Select one: Increase Decrease Stay the same Not enough information As a result of the situation above what will happen to inflation Select one: Increase Decrease Stay the same Not enough information As a result of the situation above what will happen to the unemployment rate Select one: Increase Decrease Stay the same Not enough information Suppose the government increases the minimum wage, substantially increasing firms labor costs. As a result of the situation above what will happen to GDP Select one: Increase Decrease Stay the same Not enough information As a result of the situation above what will happen to inflation Select one: Increase Decrease Stay the same Not enough information As a result of the situation above what will happen to the unemployment rate Select one: Increase Decrease Stay the same Not enough information

Explanation / Answer

d

c

c

b

a

d

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