Solved

Which of the Following Statements Is True

Question 75

Multiple Choice

Which of the following statements is true?


A) Real GDP fluctuates around potential GDP.
B) Potential GDP fluctuates around real GDP.
C) Real GDP is something like an average of GDP.
D) The growth rate of potential GDP is well known and generally agreed upon.
E) Real GDP cannot be any greater than potential GDP.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions