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The Study of the Long Run in Macroeconomics Focuses

Question 59

Multiple Choice

The study of the long run in macroeconomics focuses


A) primarily on changes to the output gap, with a constant level of potential output.
B) primarily on the supply of factors of production.
C) equally on potential GDP and actual GDP.
D) primarily on changes to potential GDP.
E) on changes to actual GDP but not on changes in potential GDP.

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