Multiple Choice
If actual GDP is $500 billion and there is a negative GDP gap of $10 billion, potential GDP is
A) $510 billion.
B) $490 billion.
C) $10 billion.
D) $990 billion.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Which of the following is a correct
Q3: "Depression means idleness. And idleness means loss
Q4: If the unemployment rate is 9 percent
Q5: Unanticipated inflation<br>A) reduces the real burden of
Q6: If the total population is 175 million,
Q7: The natural rate of unemployment in the
Q8: A college graduate using the summer following
Q9: The accompanying list describes the responses of
Q10: What is "demand-pull" inflation?
Q11: <span class="ql-formula" data-value="\begin{array} { | l |