What Is the Focus of Study in the Long Run

question 122

Multiple Choice

What is the focus of study in the long run in macroeconomics?

• A)changes to actual GDP but not changes in potential GDP
• B)an equal focus on potential GDP and actual GDP
• C)primarily on changes to potential GDP
• D)primarily on changes to the output gap,with a constant level of potential output
• E)solely on the supply of factors of production

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Impaired Reasoning

A decreased ability to think logically and make rational decisions.

Discharge Planning

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Elements that influence the economic performance of a country or region, including inflation, employment rates, and GDP growth.

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The ability or opportunity for individuals or families to obtain a safe, affordable, and suitable living environment.