U.S. potential GDP is the value of the goods and services produced in the United States ________.
Question:
U.S. potential GDP is the value of the goods and services produced in the United States ________.
A. In the reference base year
B. When the U.S. unemployment rate is zero
C. When the U.S. economy is at full employment
D. When the U.S. inflation rate is zero
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
Answer C is c...View the full answer
Answered By
Wahome Michael
I am a CPA finalist and a graduate in Bachelor of commerce. I am a full time writer with 4 years experience in academic writing (essays, Thesis, dissertation and research). I am also a full time writer which assures you of my quality, deep knowledge of your task requirement and timeliness. Assign me your task and you shall have the best.
Thanks in advance
4.90+
63+ Reviews
132+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Potential GDP is the value of real GDP when ______. A. The unemployment rate equals the natural unemployment rate B. There is no frictional unemployment C. There is no structural unemployment D. The...
-
Adding to Table 11.1, if in 2007 real GDP was $13,206.4 billion and nominal GDP was $14,028.7 billion, calculate the percentage change from 2006 to 2007 in nominal GDP, real GDP, and the price level....
-
The reserve ratio is 11 percent. What is the value of the potential money multiplier?
-
Claud Chapperon is a self-employed distributor of wholesale clothing who began trading on 1 July 2012. His summarised accounts for the year to 30 June 2020 are shown below. The figures in brackets...
-
Using the data in Table 5.2 compute the value of D for the diffusion of nitrogen in FCC iron at 950oC?
-
The work done in a closed system is ________________.
-
During operation, the compressor unit of a refrigerator, with mass \(75 \mathrm{~kg}\) and rotational speed \(900 \mathrm{rpm}\), experiences a dynamic force of \(200 \mathrm{~N}\). The compressor...
-
The Bishop Division of Kingley Corporation has a current ROI of 12 percent. The company target ROI is 8 percent. The Bishop Division has an opportunity to invest $6,000,000 at 10 percent but is...
-
P. 144 PE 3: Determine the purpose of the program given below. Then rewrite each program using #define statements for appropriate literals. #include int main() { float fahren, celsius; printf(" Enter...
-
Suppose a $100,000 investment grows 3% during the first year and 4% during the second year. By what percent will it have grown after the two-year period?
-
The demand for labor curve shows the relationship between _________. A. The quantity of labor employed and firms profits B. All households willingness to work and the real wage rate C. The quantity...
-
Blizzard of 2016 ranks 4th among worst winter storms of past 100 years Millions of Americans were digging out after the Blizzard of 2016 blanketed 434,000 square miles of the mid-Atlantic and parts...
-
Any given cost-information system is a function of a number of design choices. For product-costing purposes, one such design choice relates to how overhead, particularly fixed manufacturing overhead,...
-
Sandy drove 5,632 personal kilometres in 2023. What is the operating cost benefit ? Mary works in Alberta and is paid $700 weekly . In My she received a bonus of $ 800 for meeting her previous year's...
-
A project costs 100,000 with a planned life of 12 years. The benefits have been forecast to be 15,000 per year. What will be the IRR (to the nearest integer) for this project?
-
Altira Corporation provides the following information related to its inventory during the month of August 2024: August 1 Inventory on hand-2,300 units; cost $6.40 each. August 8 Purchased 11,500...
-
You have just purchased an investment that generates the following cash flows for the next four years. You are able to reinvest these cash flows at 9.6 percent, compounded annually. End of year 1....
-
Haunted Forest, Inc.is selling fog machines. Use the following information about Haunted Forest, Inc. to answer the following questions. Average selling price per unit $335. Variable cost per unit...
-
A Florida juice company completes the preparation of its products by sterilizing, filling, and labeling bottles. Each case of orange juice requires 9 minutes (min) for sterilizing, 6 min for filling,...
-
What are some of the various ways to implement an awareness program?
-
The table gives some information about Canadas international transactions in 2010. a. Calculate the balance on the three balance of payments accounts. b. Was Canada a net borrower or a net lender in...
-
With the strengthening of the yen against other currencies in 2012, Japans central bank did not take any action. A Japanese politician called on the central bank to take actions to weaken the yen,...
-
What is arbitrage and what are its effects in the foreign exchange market?
-
Evaluate the challenges and solutions associated with implementing robust error handling and recovery mechanisms in operating systems, particularly in the context of disk I/O operations and system...
-
Erica, Deana & Tara had average capital balances of $350,000, $380,000 and $400,000 respectively during the current fiscal year. The partnership agreement provides for an allowance of 4% on the...
-
Retum to quest Grove Audio is considering the introduction of a new model of wireless speakers with the following price and cost characteristics. Sales price Variable costs Fixed costs Required: $...
Study smarter with the SolutionInn App