The rate of economic growth for the U.S. economy in 2017 measured by the percentage increase in real GDP is expected to be positive. This implies that

The rate of economic growth for the U.S. economy in 2017 measured by the percentage increase in real GDP is expected to be positive. This implies that

The rate of economic growth for the U.S. economy in 2017 measured by the percentage increase in real GDP is expected to be positive. This implies that




A. The U.S. economy is in an expansion phase of the business cycle
B. Aggregate real income will increase in 2017
C. Aggregate real income will decrease in 2017
D. Both A and B
E. A and C






Answer: D