Multiple Choice
The study of the long run in macroeconomics focuses
A) on changes to actual GDP but not on changes in potential GDP.
B) equally 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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