Multiple Choice
If potential output exceeds actual output, eventually:
A) input prices will rise and output will fall.
B) both input prices and output will rise.
C) input prices will fall and output will rise.
D) both input prices and output will fall.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q28: If the dollar were to depreciate against
Q29: Give two examples of expectations that would
Q30: The short-run aggregate supply curve is upward
Q31: Why would the U.S.be concerned about economies
Q32: Many economists have argued that labor market
Q34: If an economist argues that equilibrium output
Q35: If the money wealth, interest rate, and
Q36: Explain verbally and demonstrate graphically how in
Q37: If productivity increases by 3 percent but
Q38: Refer to the graph shown. If the