Solved

Output in Excess of Potential GDP

Question 9

Multiple Choice

Output in excess of potential GDP

A) implies a negative output gap
B) describes a recession
C) is impossible
D) is unsustainable
E) creates deflation

Related Questions

Q4: Consider the following hypothetical annual growth rates

Q5: If firms are producing below capacity,<br>A) it

Q6: The slope of the aggregate demand curve

Q7: Business cycles affect long run growth because<br>A)

Q8: Which of the following could cause a

Q10: Which of the following would cause an

Q11: Which of the following variables typically moves

Q12: Internationally,recessions<br>A) are likely to begin in the

Q13: The economy's capacity to produce is defined

Q14: The impact of recession<br>A) is, in the