Solved

If Actual GDP Is Less Than Potential GDP

Question 122

Multiple Choice

If actual GDP is less than potential GDP,


A) potential GDP will fall.
B) the price level will rise.
C) investment spending will fall.
D) the actual unemployment rate will be higher than the natural unemployment rate.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions