If Potential GDP Increases

question 166

Multiple Choice

If potential GDP increases,

• A)aggregate supply does not change.
• B)the quantity of aggregate supply decreases.
• C)aggregate supply increases.
• D)the price level rises.
• E)the money wage rate must have fallen.

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Definitions:

Risk Analysis

The process of identifying and assessing the potential risks that may negatively impact an organization's capital and earnings.

Portfolio Analysis

The process of evaluating the performance, risk, and return of investment assets within a portfolio.

Gap Analysis

A technique for determining the difference between the current performance of an organization and its desired performance.

Root Cause Analysis

A method of problem solving that aims to identify the fundamental cause of a problem or issue.