Multiple Choice
When we study the adjustment process in macroeconomics,we are analyzing the process by which
A) potential output is adjusting to changes in factor supplies.
B) potential output is adjusting to changes in technology.
C) real GDP returns to the level of potential output.
D) real GDP expands over time.
E) changes in technology affect the level of real GDP.
Correct Answer:

Verified
Correct Answer:
Verified
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