Solved

If Actual Output Equals Potential Output, Unusually Slow Potential Output

Question 83

Multiple Choice

If actual output equals potential output, unusually slow potential output growth would tend to result in:

A) a recession.
B) an expansion.
C) an output gap.
D) a recessionary gap.

Related Questions

Q78: Suppose the natural rate of unemployment is

Q79: Which of the following is most likely

Q80: The proposition each extra percentage point of

Q81: If the output gap equals 1.8 percent,

Q82: The unemployment rate for younger workers is

Q84: If the cyclical rate of employment equals

Q85: Varying the quantity of output produced and

Q86: A boom is:<br>A)a period in which the

Q87: Changes in the growth rate of potential

Q88: Refer to the accompanying figure. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6547/.jpg"