Potential GDP Is

question 148

Multiple Choice

Potential GDP is

• A)the same as real GDP.
• B)the same as nominal GDP.
• C)another name for the Lucas Wedge.
• D)the level of output produced when the economy is fully employed.
• E)shows that the Okun Gap vastly exceeds the Lucas Wedge.

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The science of heredity and variation in living organisms.