Multiple Choice
The situation in which actual output exceeds potential output
A) is impossible because all resources are employed to produce potential output
B) is possible only in times of high unemployment
C) is possible only if the unemployment rate is negative
D) is possible only in the long run
E) creates pressure for inflation
Correct Answer:

Verified
Correct Answer:
Verified
Q124: Which of the following will most likely
Q125: If the long-run equilibrium of an economy
Q126: During an economic expansion, housing and stock
Q127: Which will cause a larger short-run increase
Q128: How will an increase in the world
Q130: Which of the following would be most
Q131: How does the self-correcting mechanism act to
Q132: Suppose we observe an economy experiencing an
Q133: Which of the following, other things the
Q134: An unanticipated decline in the real interest