In Macroland,a Country That Operates According to Okun's Law,actual GDP

question 91

Multiple Choice

In Macroland,a country that operates according to Okun's law,actual GDP is $9.6 trillion,the actual rate of unemployment is 8%,and the natural unemployment rate is 6%.What is potential GDP in Macroland?

• A) $9.6 trillion.
• B) $9.8 trillion.
• C) $10.0 trillion.
• D) $10.2 trillion.
• E) $10.4 trillion.

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Definitions:

Tobacco Smoke

The smoke that comes from burning tobacco products, such as cigarettes and cigars, containing harmful substances.

Upper Body Discomfort

A general term that refers to any form of pain or unease located in the torso or arms of the body.

Cold Sweat

A perspiration that occurs without physical heat or exertion, often as a result of fear, stress, or medical condition.

Nausea

A stomach distress with the urge to vomit, often a precursor to vomiting.