Multiple Choice
As actual output rises above the potential level,which of the following must be true?
A) more resources become unemployed
B) prices remain constant
C) real GDP rises
D) nominal GDP remains constant
E) production falls
Correct Answer:

Verified
Correct Answer:
Verified
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Q121: Exhibit 10-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 10-6
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Q128: Exhibit 10-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 10-2
Q129: The expected price level is significant because<br>A)it
Q130: Which of the following is not assumed