Multiple Choice
What lesson emerged from the occurrence of the Great Depression in Canada?
A) Potential GDP could be too low to ensure full employment in a capitalist economy.
B) Potential GDP could be too low to ensure full employment in a market economy.
C) Potential GDP could fall short of full-employment GDP.
D) Potential GDP could exceed equilibrium GDP.
Correct Answer:

Verified
Correct Answer:
Verified
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