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  3. Study Set
    Economics Study Set 8
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    Exam 24: Economic Growth, Business Cycles, and Unemployment
  5. Question
    Potential Output
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Potential Output

Question 17

Question 17

Multiple Choice

Potential output:


A) is purely a physical phenomenon.
B) is related to the long-term growth trend.
C) requires government expenditures.
D) requires the purchase of new equipment.

Correct Answer:

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