Potential output depends on all of the following except:
A) Technology
B) The number of firms in the economy
C) The size of the capital stock
D) The number of people who can work
Correct Answer:
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Q23: In terms of economic growth, the central
Q24: Which of the following statements is not
Q25: The efficient allocation of resources requires:
A)That prices
Q26: The correlation between high rates of inflation
Q27: In the U.S., real growth usually averages
Q29: Most economists agree that the target rate
Q30: All of the following are consequences of
Q31: The consequences of an economy operating below
Q33: Which of the following is the best
Q40: Which of the following statements is most
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