At the End of a Recession

question 163

Multiple Choice

At the end of a recession

• A)real GDP is greater than potential GDP.
• B)potential GDP is greater than real GDP.
• C)potential GDP is less than real GDP.
• D)real GDP is falling.
• E)potential GDP equals real GDP.

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Definitions:

Agreeableness

A personality trait characterized by attributes such as kind-heartedness, trustworthiness, and cooperativeness.

Optimistic

Having a hopeful and confident attitude towards the future or the successful outcome of something.

Pessimistic

Having a tendency to see the worst aspect of things or believe that the worst will happen; a lack of hope or confidence in the future.

Egocentrically Introverted

A personality trait characterized by a focus on one's own thoughts and feelings rather than on external stimuli or the perspectives of others.