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Assuming Fixed Potential Output Is Problematic Because It May Take

Question 197

Multiple Choice

Assuming fixed potential output is problematic because it may take as much as __________ for an economy to move out of a recession,but potential output changes from __________.


A) one month;month to month
B) one quarter;quarter to quarter
C) one quarter;decade to decade
D) six months;year to year
E) two years;quarter to quarter

Correct Answer:

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