_________refers to a period when the _________decreases.
A) Productivity growth slowdown; growth rate of output per person
B) Recession; growth rate of output per person
C) Productivity growth slowdown; growth rate of real GDP
D) Recession; growth rate of nominal GDP
Correct Answer:
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Q187: The series of ups and downs the
Q188: Which of the following is NOT
Q189: In any year, real GDP
A) always equals
Q190: In any year, real GDP
A) will always
Q191: Gross private domestic investment is a component
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
Q196: Which of the following is TRUE regarding
Q197: Suppose an economy has some inflation. Then,
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