What Is an Expansionary Gap Equal To

question 52

Multiple Choice

What is an expansionary gap equal to?  

• A) real GDP minus nominal GDP 
• B) nominal GDP minus real GDP 
• C) actual short-run output minus potential output 
• D) the current period's nominal GDP minus the preceding period's nominal GDP

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Definitions:

Androgen-Binding Protein

A protein that binds androgens (male sex hormones) and is involved in their transport and function within the body.

Gubernaculum

Column of tissue that connects the fetal testis to the developing scrotum; involved in testicular descent.

Primary Spermatocyte

Spermatocyte arising by a growth phase from a spermatogonium; gives rise to secondary spermatocytes after the first meiotic division.

Secondary Spermatocyte

Spermatocyte derived from a primary spermatocyte by the first meiotic division; each secondary spermatocyte gives rise by the second meiotic division to two spermatids.