From the Keynesian Perspective,when During a Recession the Quantity Supplied

question 8

Multiple Choice

From the Keynesian perspective,when during a recession the quantity supplied is greater than the quantity demanded in the market for some goods and services,there is

• A) a decline in potential GDP.
• B) a decline in potential GDP relative to real GDP.
• C) a decline in real GDP relative to both nominal GDP and potential GDP.
• D) a decline in real GDP relative to potential GDP.

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