Property rights are a tangible factor in producing economic growth

Indicate whether the statement is true or false

False

Economics

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What is potential GDP?

A) It is the level of real GDP in the short run. B) It is the difference between current GDP and maximum GDP. C) It is the level of GDP at which inflation is constant. D) It is the level of real GDP in the long run.

Economics

An increase in aggregate demand will tend to cause which of the following?

A) a deflationary gap B) a recessionary gap C) cost-push inflation D) none of the above

Economics