Refer to the above graph to answer this question. What could cause the movement from point A to point B? Multiple Choice A decrease in government spending
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- Potential GDP is Question 1Answer a. the level of output produced when the economy is at full employment. b. another name for nominal GDP. c. another name for real GDP. d. a measure of the short-term fluctuations in real GDP. e. equal to the maximum amount of goods and services that can be produced at any given time.In 2020, the Venezuelan economy posted that their country’s GDP increased but the level of final products produced is unchanged. There were no new industries there and the same level of output is produced compared to 2019. What can be the explanation for this? a. An increase in import b. An increase in price level c. A decrease in the price level d. And increase in employmentSuppose US atrtomaker builds and operates a new factory in Italy. Future production from such anninvestment will a. it crease Italian GDP more than it increases Italian GNP b.increase Italian GNP more than it increases Italian GDP.c.have no affect on Italian GNP but will increase Italian GDP.d. have no affect on either Italian GDP or GNP . Please give me correct answer and explanation Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.