Multiple Choice
What is the focus of study in the long run in macroeconomics?
A) changes to actual GDP but not changes in potential GDP
B) an equal focus on potential GDP and actual GDP
C) primarily on changes to potential GDP
D) primarily on changes to the output gap,with a constant level of potential output
E) solely on the supply of factors of production
Correct Answer:
Verified
Correct Answer:
Verified
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