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Potential Output for the Current Period Is Fixed at the Level

Question 30

Multiple Choice

Potential output for the current period is fixed at the level Y* because the current period's


A) labour force is fixed.
B) labour force is fixed,capital stock is fixed,and natural resources are fixed.
C) labour force and natural resources are fixed.
D) capital stock is fixed,natural resources are fixed,and the productivity of the technology is fixed.
E) labour force is fixed,capital stock is fixed,natural resources are fixed,and the productivity of the technology is fixed.

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