Potential GDP Is Estimated to Grow at a Rate of 2

question 162

Multiple Choice

Potential GDP is estimated to grow at a rate of 2% in Canada.Actual GDP in Canada

• A)always grows at a slower rate than potential GDP.
• B)always grows at a faster rate than potential GDP.
• C)always grows at the same rate as potential GDP.
• D)is the same as potential GDP if all firms in the economy are working at capacity.
• E)is always lower than potential GDP.

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