Answer to Question #293355 in Macroeconomics for Prit

Question

explain why?

#1 State whether each of the following will increase, decrease, or leave unchanged GDP. Also

a. A large number of women that used to household work now become employed outside

the home.

b. An increase in the crime rate

C.

An increase in taxes induces more people to hide or shield money from taxes in offshore

accounts or other schemes.

Answer 1

Changes in GDP

Qn. A

Increase

Qn. B

Decrease

Qn. C

Decrease