Solved

Potential Output for the Current Period Is Fixed at the Level

Question 3

Multiple Choice

Potential output for the current period is fixed at the level Y* because the current period's


A) labour force is fixed.
B) labour force is fixed,capital stock is fixed,and natural resources are fixed.
C) labour force and natural resources are fixed.
D) capital stock is fixed,natural resources are fixed,and the productivity of the technology is fixed.
E) labour force is fixed,capital stock is fixed,natural resources are fixed,and the productivity of the technology is fixed.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents