When an Economy Experiences Sustained Growth in Real GDP

question 5

Multiple Choice

When an economy experiences sustained growth in real GDP,

• A)potential GDP is likely to be increasing.
• B)wage rates will decrease slowly as factor- utilization rates decrease.
• C)factor prices are likely to be decreasing.
• D)actual GDP is greater than potential GDP.
• E)actual GDP is less than potential GDP.

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Definitions:

Collagen

A protein that is vital for skin elasticity, joint health, and the integrity of connective tissues throughout the body.

Hypermobility

A condition characterized by joints that can move beyond the normal range of motion, sometimes leading to joint pain and increased risk of injury.

Double-Jointedness

A term often inaccurately used to describe people with hypermobile joints that allow them to extend beyond the normal range.

Low Mobility

A condition characterized by a reduced ability to move freely and easily, often due to injury, illness, or physical limitations.