Ask Question
10 March, 07:04

From a macroeconomic perspective, if GDP economic indicators show a decline of 10% or more in a single year, then which of the following outcomes is most likely to result?

a. deep economic depression

b. influx of foreign capital

c. lessening of foreign aid

d. merchandise trade surplus

+2
Answers (1)
  1. 10 March, 08:00
    0
    a. Deep economic recession

    Explanation:

    According to macroeconomist when there is a decline (negative growth) in GDP of an economy for a period of about two years it often result in a deep recession.

    Macroeconomics looks at things from the larger scale or broader sectors of an economy.

    Therefore, Companies would reduce their production inorder to reduce the risks of losses resulting from declining gross domestic product. Which then leads to decrease in prices.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “From a macroeconomic perspective, if GDP economic indicators show a decline of 10% or more in a single year, then which of the following ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers