Changes in the growth rate of potential output and deviations of actual output from potential output are two logical explanations for:
A) the decline in the natural rate of unemployment.
B) short-term economic fluctuations.
C) increasing wage inequality.
D) skill-biased technological change.
Correct Answer:
Verified
Q39: Refer to the accompanying figure. 
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Q41: Potential output is:
A)equal to actual output.
B)also known
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Q46: When there is a recessionary gap, capital
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Q48: If actual output equals potential output, unusually
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