In a Boom Year

question 17

Multiple Choice

In a boom year,

• A)potential GDP equals real GDP.
• B)prices fall.
• C)aggregate demand has increased.
• D)unemployment is rising.
• E)potential GDP is greater than real GDP.

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Definitions:

Vaccinated

Being vaccinated refers to having received a vaccine, which is a substance that stimulates the body's immune response against diseases.

Hypersensitivity

An exaggerated immune response to a foreign substance that can lead to allergies and other immune disorders.

Immune System

The body's defense system against pathogens, consisting of a network of cells, tissues, and organs that work together to protect the body.

Exaggerated Response

An exaggerated response is an overreactive or heightened reaction to a stimulus, which can be physiological or emotional.