Suppose Real GDP expands due to an increase in aggregate demand. Does this necessarily narrow the GDP Gap?
a) Yes
b) Yes, if Potential GDP does not expand to the same degree
c) Only if Potential GDP does not change
d) No, because the GDP Gap is fixed by Congress
Answer: b) Yes, if Potential GDP does not expand to the same degree
Business
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Use the information in Figure 5.1. What is the capacity for the A-B-D-E process route?
A) 10 students per hour B) 6 student per hour C) 3.5 students per hour D) 2.9 students per hour
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________ is an approach to teamwork that moves responsibility for decisions farther down the organizational chart–to the level of the employee actually doing the job
Fill in the blanks with correct word
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