Potential GDP Was Estimated to Grow at a Rate of 3.2

question 13

Multiple Choice

Potential GDP was estimated to grow at a rate of 3.2% from 1949-2017 in the United States.Actual GDP in the U.S.

• A)always grows at a slower rate than potential GDP.
• B)always grows at a faster rate than potential GDP.
• C)always grows at the same rate as potential GDP.
• D)is the same as potential GDP if all firms in the economy were working at capacity.

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Definitions:

Sociobiologists

Scientists who study the biological bases of social behavior in animals and humans, emphasizing the role of evolutionary and genetic factors.

Sociobiologists

Scientists who study the biological aspects of social behavior in animals and humans, applying evolutionary theory to understand social structures and behaviors.

Sexual Behavior

Actions that are related to sexuality or the expression of sexual interest and attraction between individuals.

Cultures

The shared values, beliefs, norms, customs, arts, history, folklore, and institutions of a group of people that are passed down from generation to generation.