In Long-Run Equilibrium, What Is the Relationship Between Actual and Potential

question 69

Multiple Choice

In long-run equilibrium, what is the relationship between actual and potential output?  

• A) Actual output can exceed potential output. 
• B) Potential output can exceed actual output. 
• C) Actual output must equal potential output. 
• D) Actual output may be more than potential output or it may be less than potential output.

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A federal executive department of the U.S. government responsible for the enforcement of the law and administration of justice.