Multiple Choice
-In the figure above, in the short- run macroeconomic equilibrium,
A) real GDP equals potential GDP.
B) real GDP is less than potential GDP.
C) there is no structural unemployment.
D) real GDP is greater than potential GDP.
Correct Answer:

Verified
Correct Answer:
Verified
Q318: Moving along a short-run aggregate supply curve,
Q387: Fluctuations in aggregate demand and aggregate supply
Q427: Economic growth<br>A) is an increase in potential
Q428: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -In the above
Q429: Moving along the short- run aggregate supply
Q431: As world economies start to recover from
Q432: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -In the above
Q433: Which of the following statements regarding aggregate
Q434: The AS/AD model studies the relationship between<br>A)
Q435: The short- run aggregate supply curve is