Multiple Choice
Which of the following may increase real GDP in the short run but may actually decrease the long- run growth rate of GDP?
A) increase in factor- utilization rates in the short run
B) increase in the unemployment rate
C) increase in factor supplies
D) decrease in households' desired saving
E) decrease in factor productivity
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Which of the following provides the best
Q3: Suppose GDP in an economy is $144
Q4: Consider the equation GDP = F ×
Q5: When an economy experiences sustained growth in
Q6: Relatively small annual changes in factor productivity
Q8: Potential GDP is defined as the level
Q9: GDP can be represented by the equation:
Q10: Long- run increases in potential GDP would
Q11: In the long run, changes to real
Q12: Consider the equation GDP = F ×