Potential Real GDP Minus Actual Real GDP

question 24

Multiple Choice

Potential real GDP minus actual real GDP

• A) is the difference between the peak and the trough of a business cycle.
• B) is the difference between real and nominal GDP.
• C) measures the GDP gap.
• D) measures the inflation rate.
• E) measures the difference between the full employment rate and the natural rate of unemployment.

---

Definitions:

Operating System

The software that manages all other programs on a computer, including initiating system hardware and providing services for computer programs.

Desktop

Refers to the primary user interface of a computer, displayed on the screen, where icons and windows appear.

Laptop Computers

Portable personal computers with a clamshell form factor, suitable for mobile use and equipped with a screen and keyboard.

Personal Computer

A general-purpose computer designed for use by an individual, typically consisting of a monitor, keyboard, mouse, and CPU.