it decreases also
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nominal GDP decreases and the interest rate decreases
Unemployment causes GDP to decrease. GDP means gross domestic product. If there are no employees to create a product, the GDP goes down.
The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.
it decreases also
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(primary balance/GDP)*100 .GDP decreases. Debt increases.
GDP Decreases and Debt Increases
debt increases and GDP decreases.
nominal GDP decreases and the interest rate decreases
Unemployment causes GDP to decrease. GDP means gross domestic product. If there are no employees to create a product, the GDP goes down.
The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.
If the illegal drug trade was legalized, GDP could potentially increase as the production and sale of drugs would be included in official economic activities. Legalization could also lead to taxation of the industry, creating a new revenue stream for the government. Additionally, there could be savings in law enforcement and judicial costs associated with prosecuting illegal drug activities.
No, quite the opposite is true.
It decreases
The volume decreases!