-In the figure above, in the short-run macroeconomic equilibrium,
A) real GDP is less than potential GDP.
B) there is no structural unemployment.
C) real GDP is greater than potential GDP.
D) real GDP equals potential GDP.

Question

-In the figure above, in the short-run macroeconomic equilibrium,
A) real GDP is less than potential GDP. 
B) there is no structural unemployment. 
C) real GDP is greater than potential GDP. 
D) real GDP equals potential GDP.

Quizplus · Accepted Answer

The Answer of 
-In the figure above, in the short-run macroeconomic equilibrium,
A) real GDP is less than potential GDP. 
B) there is no structural unemployment. 
C) real GDP is greater than potential GDP. 
D) real GDP equals potential GDP.

-In the Figure Above, in the Short-Run Macroeconomic Equilibrium