If Actual Output Equals Potential Output, Unusually Slow Potential Output

question 83

Multiple Choice

If actual output equals potential output, unusually slow potential output growth would tend to result in:

• A)a recession.
• B)an expansion.
• C)an output gap.
• D)a recessionary gap.

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Definitions:

Phrenic Nerve

A nerve that originates in the neck (C3-C5) and innervates the diaphragm, crucial for breathing.

Meninges

Protective membranes covering the brain and spinal cord.

Dura Mater

The outermost and toughest of the three membranes covering the brain and spinal cord.

Radial Nerve

A nerve that extends down the arm and is responsible for extending the wrist and fingers.