Multiple Choice
When actual output increases the potential output,_____.
A) more resources become unemployed.
B) prices remain constant.
C) prices tend to increase.
D) nominal GDP decreases.
E) resource prices decrease.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q43: Which of the following does not influence
Q44: An adverse supply shock would shift:<br>A)only the
Q45: Suppose the real wage remains unchanged between
Q46: An economy's potential level of output can
Q47: The figure below shows the short-run aggregate
Q49: An adverse supply shock generally decreases the
Q50: During a particular year,nominal wages increased by
Q51: When the economy is at its potential
Q52: The fact that some resource prices are
Q53: The figure below shows the short-run aggregate