At a Short-Run Macroeconomic Equilibrium,real GDP Is Always Equal to Potential

question 204

True/False

At a short-run macroeconomic equilibrium,real GDP is always equal to potential GDP.

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Definitions:

Hypha

A long, branching filamentous structure of a fungus, which is the main mode of vegetative growth and collectively known as a mycelium.

Opisthokonts

A diverse group of eukaryotic organisms, including fungi, animals, and related groups, characterized by a single posterior flagellum in the motile stage.

Eukarya

One of the three domains of life; consists of organisms with cells featuring a nucleus and other membrane-bound organelles.

Fungi

A kingdom of spore-producing organisms that feed on organic matter, including molds, yeast, mushrooms, and toadstools.