The Maximum Level of Real GDP That Can Be Produced

question 58

Multiple Choice

The maximum level of real GDP that can be produced while avoiding shortages of labour, capital, land, and entrepreneurial ability that would bring rising inflation is

• A)real GDP.
• B)nominal GDP.
• C)actual GDP.
• D)potential GDP.
• E)productive GDP.

---

Definitions:

Intermediate

Positioned between two extremes or in the middle of a range, often referring to a level of skill, difficulty, or complexity that is not basic but not advanced either.

Impersonal

Lacking personal interest, attachment, or warmth; not relating to or influenced by personal feelings.

Sustained Attention

The ability to maintain attention to a selected stimulus for a prolonged period of time.

Selected Stimulus

A specific environmental event or condition selected by a researcher to observe its effects on the behavior of an organism.