Suppose GDP ________ the Level of Potential Output

question 94

Multiple Choice

Suppose GDP ________ the level of potential output. We would expect to see ________ unemployment, rising wages, and rising prices.

• A) exceeds; high
• B) exceeds; low
• C) is below; high
• D) is below; low

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Definitions:

Watches

Timepieces worn on the wrist, designed to keep and indicate time.

Falling Object

An item that drops under the influence of gravity, posing potential risks or dangers to those below.

Months

Units of time, typically lasting 28 to 31 days, used to divide a year into twelve periods in the Gregorian calendar.

Follows Objects

The ability to visually track moving items, often assessed in developmental examinations to indicate proper neurological function.