Multiple Choice
In the late 1990s, it was likely that:
A) the GDP gap was almost zero.
B) actual GDP grew more slowly than it had in the previous 20 years.
C) the GDP gap was larger than it had been in the previous 20 years.
D) potential GDP grew faster than it had in the previous 20 years.
E) None of these answers is correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Which of the following has NOT contributed
Q2: Which of the following is NOT one
Q3: In the long run, the classical dichotomy
Q4: In the short run, tight monetary policy
Q6: Name at least three contributing factors to
Q7: The accurate calculation of potential output is
Q8: Which of the following has NOT contributed
Q9: In the long run, the unemployment rate
Q10: What problems are macroeconomists still trying to
Q11: The Asian and Argentinean crises have led