Solved

Consider the Equation GDP = F × (F_E/F)× (GDP/F_E)

Question 12

Multiple Choice

Consider the equation GDP = F × (F_E/F) × (GDP/F_E) . Which component describes the fraction of the available factors actually employed at any time?

A) (GDP/F_E)
B) (F_E/F)
C) GDP
D) F
E) F_E

Related Questions

Q7: Which of the following may increase real

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

Q13: An increase in potential GDP would most

Q14: The utilization rate for physical capital is

Q15: An estimate for the value of potential

Q16: Which of the following policies is most

Q17: Many economists argue that Japan's remarkable long-