Potential GDP Is the Level of Real GDP at Which

question 24

Multiple Choice

Potential GDP is the level of real GDP at which

• A)there is full employment.
• B)there is a recessionary gap.
• C)there is over- full employment.
• D)prices are sure to rise.
• E)aggregate demand equals short- run aggregate supply.

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Definitions:

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TNM System

A classification system used by medical professionals to describe the size and spread of cancer within a patient's body.

Lymph Node Metastasis

The spread of cancer cells from the original tumor site to nearby or distant lymph nodes.