An important difference between the complete model and the long-run growth model is that
A) the growth model assumes real GDP equals potential GDP in the long run.
B) the complete model allows departures of GDP from potential GDP in the long run.
C) the complete model allows departures of real GDP from potential GDP in the short run.
D) the growth model allows GDP to change due to changes in potential GDP in the long run.
E) all of the above.
Correct Answer:
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