Multiple Choice
-If the actual real GDP is less than potential real GDP,the economy is
A) not in macroeconomic equilibrium.
B) at full employment.
C) in an above full-employment equilibrium.
D) in a below full-employment equilibrium.
Correct Answer:

Verified
Correct Answer:
Verified
Q133: What two variables are determined in an
Q145: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q159: Suppose the exchange rate falls from $1.20
Q251: A decrease in foreign incomes<br>A) increases aggregate
Q289: The supply of real GDP is a
Q329: Which of the following changes while moving
Q362: A change in the full-employment quantity of
Q400: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5273/.jpg" alt=" -In the above
Q401: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5273/.jpg" alt=" -In the above
Q406: Which school of thought believes that real