In the macroeconomic long run
A) real GDP is always below potential GDP.
B) there is full employment with no unemployment.
C) output always is above potential GDP.
D) there is full employment, and real GDP is equal to potential GDP.

Question

Quizplus · Accepted Answer

In the macroeconomic long run, the economy is expected to operate at full employment, where real GDP equals potential GDP, reflecting an equilibrium state without cyclical unemployment.

In the Macroeconomic Long Run