In any year, real GDP
A) will always be greater than potential GDP because of the tendency of nations to incur inflation.
B) always equals potential GDP.
C) might be greater or less than potential GDP.
D) must always be less than potential GDP.
Correct Answer:
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Q185: A business cycle is
A) the increase in
Q186: Real Gross Domestic Product is
A) the most
Q187: The series of ups and downs the
Q188: Which of the following is NOT
Q189: In any year, real GDP
A) always equals
Q191: Gross private domestic investment is a component
Q192: _refers to a period when the _decreases.
A)
Q193: Potential GDP is the
A) the maximum amount
Q194: Potential GDP is
A) always different from real
Q195: _gross domestic product is the value of
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