The GDP Gap Measures the Amount by Which

question 116

Multiple Choice

The GDP gap measures the amount by which

• A) nominal GDP exceeds real GDP.
• B) actual GDP exceeds equilibrium GDP.
• C) potential GDP exceeds actual GDP.
• D) actual GDP exceeds national income.

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Definitions:

Ergonomics

The science of designing the workplace, keeping in mind the capabilities and limitations of the worker, to improve job safety and productivity.

Knowledge, Skills, Abilities, and Other Characteristics (KSAOs)

The attributes required for successful performance in a job, including theoretical or practical understanding, learned capacities, innate capabilities, and other personal traits.

Tasks, Duties, Responsibilities (TDRs)

A comprehensive outline of the tasks, duties, and responsibilities associated with a particular job or position.

Work Flow Analysis

The study of the way work moves through an organization in order to improve efficiency and productivity.