Which of the Following Is True

question 140

Multiple Choice

Which of the following is true?

• A)Potential GDP is determined by the available supply of labor, capital, and technology only in the long run.
• B)Real GDP is determined by aggregate demand only in the short run.
• C)Potential GDP is equal to aggregate demand in the long run.
• D)Real GDP is determined by aggregate demand only in the long run.
• E)Potential and real GDP are always equal.

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Definitions:

Maslow's Theory

A psychological concept proposing a hierarchy of human needs, from basic physiological needs to self-actualization, influencing motivation.

Evidence-Based Management

The practice of making managerial decisions based on the best available scientific evidence, aiming to improve organization outcomes.

Knowledge Management

The process of creating, sharing, using, and managing the knowledge and information of an organization.

Cost Effective Logistics

The strategic implementation of logistics and supply chain operations to minimize costs while maximizing efficiency and effectiveness.