An improvement in productivity will usually increase profits.
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Q25: If short-run equilibrium GDP is above potential
Q26: If aggregate demand is $2,000 billion and
Q28: Inflation reduces the multiplier effect by reducing
Q29: When equilibrium GDP is below potential GDP,
Q32: Increases in the price of imported oil
Q34: Increases in the prices of imported energy
Q35: In our modern economy, the adjustment process
Q38: The recessionary gap of the 1990s in
Q39: GDP in excess of potential GDP will
Q40: Recessionary gaps are associated with output below
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