In the Long Run, Increases in Potential GDP Are Possible

question 18

Multiple Choice

In the long run, increases in potential GDP are possible only if there is

• A)growth in the supply of available factors or growth in factor productivity.
• B)continuous growth in the saving rate.
• C)an increase in the unemployment rate.
• D)an increase in the general price level.
• E)no government interference with the market system.

---

Definitions:

Ethical Concerns

Issues or situations that require careful consideration of principles of right and wrong behavior, often arising in professional, social, and research contexts.

Eating Disorders

A range of psychological disorders characterized by abnormal or disturbed eating habits.

Early Childhood

A critical period in human development extending from birth to approximately 8 years of age, characterized by rapid physical, cognitive, social, and emotional growth.

Controls

In experiments, a group that does not receive the treatment under study and is used as a benchmark to measure how the other tested groups do.