A actual increase in GDP.
Why doesn't an increase in aggregate demand translate directly into an increase in real GDP
GDP has a tendency to increase over the years due to economic growth, improvements in productivity and inflation. This will not always be the case from year to year but in most cases GDP increases especially when looking over longer periods of time.
shifts left
inventories will increase and real GDP will decline.
A actual increase in GDP.
Why doesn't an increase in aggregate demand translate directly into an increase in real GDP
GDP has a tendency to increase over the years due to economic growth, improvements in productivity and inflation. This will not always be the case from year to year but in most cases GDP increases especially when looking over longer periods of time.
shifts left
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.
inventories will increase and real GDP will decline.
the value of the dollar is stable
GDP = gross domestic product
debt increases and GDP decreases.
GDP Decreases and Debt Increases
im guessing your taking principles of macroeconomics with Lachaud hahah
The 2012 estimate for the US' GDP was $15,650,000,000,000.