The Study of the Long Run in Macroeconomics Focuses

question 59

Multiple Choice

The study of the long run in macroeconomics focuses

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

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Definitions:

United States

A country located primarily in North America, composed of 50 states, a federal district, and various territories.

Socioeconomic Status

An indicator of where a person or family stands socially and economically compared to others, determined by their income, level of education, and job.

Oral-Clitoral Stimulation

A sexual act focused on the clitoris using the mouth and tongue to provide sexual pleasure.

Achieve Orgasm

The attainment of the climax of sexual stimulation, characterized by intense pleasure and accompanied by a series of involuntary contractions of genital muscles.