Multiple Choice
Potential output depends on all of the following except one.Which is the exception?
A) the supply of labor
B) labor productivity
C) household choices regarding labor and leisure
D) the technology in current use
E) the number of consumers in the market
Correct Answer:

Verified
Correct Answer:
Verified
Q95: Exhibit 10-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 10-9
Q97: Exhibit 10-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 10-6
Q98: The main effect of a decrease in
Q99: Actual output falls below potential output<br>A)during a
Q101: The potential level of output can be
Q102: The nominal wage represents<br>A)the quantity of goods
Q103: An expansionary gap is equal to<br>A)real GDP
Q104: When the expected price level falls below
Q105: Exhibit 10-12 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 10-12
Q121: The natural rate of unemployment includes frictional,cyclical,and