Use the Figure Below to Answer the Following Question

question 89

Multiple Choice

Use the figure below to answer the following question.

Figure 26.3.4
-If real GDP is less than potential GDP,we would expect

• A)the money wage rate to fall.
• B)the money wage rate to rise.
• C)potential GDP to increase.
• D)potential GDP to decrease.
• E)A and C.

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Definitions:

Annual Partnership Income

The total income generated by a partnership over a one-year period, distributed among the partners according to the partnership agreement.