Multiple Choice
The relationship between real GDP and potential GDP is that
A) real GDP is always below potential GDP.
B) real GDP always equals potential GDP.
C) real GDP never equals potential GDP.
D) real GDP fluctuates about potential GDP.
Correct Answer:
Verified
Related Questions
Q42: The expenditure approach measures GDP by adding
A)consumption
Q43: The three categories of income used in
Q44: GDP counts only final goods and services
Q45: Of the following, which is correct?
A)Nominal GDP
Q46: Which of the following is an example
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