Potential gdp refers to 1) the difference between the highest level of real gdp per quarter and the lowest level of real gdp per quarter within any given year. 2) the level of gdp attained by the country with the highest growth in real gdp in a given year. 3) the extent to which real gdp is above or below nominal gdp. 4) the level of gdp attained when all firms are producing at capacity
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Potential gdp refers to 1) the difference between the highest level of real gdp per quarter and the lowest level of real gdp per quarter ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
According to surveys in the U. S. and the United Kingdom, what are the most frequently used financial performance measures by multinational organizations? A. Stock price, return on investment, profit B. Budgeted profit vs.
Answers (1)
The consumer wi-fi-service providers' market is best described as a
Answers (1)
What is the award recieved after completing a four year undergrad program called?
Answers (1)
In the long-run, a company will choose a manufacturing plant size that has the Multiple Choice minimum average total cost of producing the target level of output. maximum level of resource use per unit of the total product of output.
Answers (1)
A thief steals an ATM card and must randomly guess the correct three -digit pin code from a 9 -key keypad. Repetition of digits is allowed. What is the probability of a correct guess on the first try?
Answers (1)
New Questions in Business
Kirsten is trying to decide where to go for her well earned vacation. She would like to camp, but if the weather is bad, she will have to go to a motel.
Answers (1)
At the end of the year, Mercy Cosmetics' balance of Allowance for Uncollectible Accounts is $400 (credit) before adjustment. The balance of Accounts Receivable is $15,000.
Answers (1)
A mutual fund had NAV per share of $19.00 on January 1, 2016. On December 31 of the same year, the fund's NAV was $19.14. Income distributions were $0.57, and the fund had capital gain distributions of $1.12.
Answers (1)
What is meant by assessment? a. Activities that occur between two or more businesses. b. Provides services for connecting network resources across network domains. c. Documenting rules, procedures, and guidelines to be tested against a system. d.
Answers (2)
One financial institution is offering a 1% interest rate on savings accounts while another institution is offering a 2% interest rate on savings accounts. Out of the two financial institutions, which offer would the bank probably be offering
Answers (1)