Potential output depends on all of the following except one. Which is the exception?
A) the supply of labor
B) labor productivity
C) the stock of capital
D) the technology in current use
E) the number of consumers in the market

Question

Quizplus · Accepted Answer

The number of consumers in the market does not directly impact potential output. The other factors, such as the supply of labor, labor productivity, stock of capital, and technology all play a significant role in determining potential output.

Potential Output Depends on All of the Following Except One