Refer to Table 6

Refer to Table 6.3.1.The top table describes an economy's labour market.The second table describes its production function.Potential GDP is
A) $14 trillion.B) $40 trillion.C) $25 trillion.D) $6 trillion.E) $9 trillion.Answer: A
-Refer to Table 6.3.1.The top table describes an economy's labour market.The second table describes its production function.An increase in population changes the quantity of labour supplied by 20 billion hours at each real wage rate.Potential GDP

A) does not change.
B) changes to $20 trillion.
C) changes to $50 trillion.
D) changes to $3 trillion.
E) changes to $18 trillion.