Multiple Choice
In the macroeconomic long run,
A) GDP always is below potential GDP.
B) there is full employment with no unemployment.
C) there is full employment and real GDP is equal to potential GDP.
D) output always is above potential GDP.
Correct Answer:
Verified
Correct Answer:
Verified
Q228: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -The economy is
Q230: In 2008, the dollar appreciated relative to
Q231: _ economists believe that active help from
Q232: The country of Stanley is at an
Q234: The economy is in its short run
Q235: Suppose there is a increase in short-run
Q236: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -In the above
Q237: Which of the following changes does <u>NOT
Q238: Suppose the exchange rate falls from $1.20
Q390: What is the difference between a recessionary