A beneficial supply shock that has a prolonged impact on the economy permanently increases output and lowers prices
Indicate whether the statement is true or false
true
Economics
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Potential GDP is also referred to as
A) full-employment GDP. B) politico-economic GDP. C) realized GDP. D) balanced-budget GDP.
Economics
The economic growth rate is measured as the
A) amount of real GDP. B) annual percentage change of the population. C) amount of population. D) annual percentage change of real GDP. E) annual percentage change of employment.
Economics