Multiple Choice
Potential GDP is the maximum amount of economic output an economy can sustain at any moment without
A) causing frictional unemployment.
B) raising unemployment levels.
C) decreasing the inflation rate.
D) increasing the inflation rate.
Correct Answer:
Verified
Correct Answer:
Verified
Q31: Cyclical unemployment happens because<br>A) businesses make strategic
Q32: During a recession,business profits decline.
Q33: The National Bureau of Economic Research decides
Q34: The underemployed are those people who are<br>A)
Q35: If the NAIRU was 4.8% in 2002
Q37: An example of a generally recession-resistant business
Q38: The pattern of recession,recovery,and expansion is known
Q39: What does the phrase "wages are sticky"
Q40: Which person provides an example of structural
Q41: Which of the following is an example