Potential GDP as Select one the absolute maximum an economy can produce given th

Question

Potential GDP as Select one the absolute maximum an economy can produce given the available energy The GDP that would be produced if there was no disincentives from taxes the output that is possible when there is no inflation the output an economy could produce it it was at full employment The people who gave up looking for work and dropped out of the labor force are considered select one retired unemployed underemployed discouraged workers An increase in Americans demand for vehicles made in Europe select one increase the demand for euros and so the euro appreciates increase the demand for dollars, and so the euro depreciates decrease the demand for euros, and so the euro appreciates increases the supply of euors, and so the euro depreciates Money Neutrality says: select one In the short run changes in inflation do not affect real growth The rate of inflation is not affected by the action of the central bank like the Federal Reserve only actions of firms Money only changes real variables and does not affect nominal variables In the long run real GDP is determined by capital labor and technology so changes in money supply will not change real GDP in the long run:

Explanation / Answer

Answer 46:

Option D.

Answer 47:

Option D.

Answer 48:

Option A. Since the payment of the vehicles will be made in Euros and thus demand for euro will rise by US residents and thus the Euro will appreciate.

Answer 49;

Option D.

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.