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?
-
A manager wants to assign tasks to workstations to achieve an hourly output rate of 33 units. Assume that the shop works 60 minutes per hour (i.e., no breaks). a. Assign the tasks shown in the...
-
Two different fluids flow over two identical flat plates with the same laminar free-stream velocity. Both fluids have the same viscosity, but one is twice as dense as the other. What is the...
-
Consider a liquid flow system consisting of a sealed tank with noncondensible gas above the liquid as shown in Figure. Derive an unsteady-state model relating the liquid Level h to the input flow...
-
In today's workplace, it is important to develop diverse people skills. Managers and leaders need to manage diversity effectively. explain the following: In your opinion, what psychological process...
-
What will your portfolio be worth in 10 years? In 20 years? When you stop working? The Human Resources Department at Tri-State Corporation was asked to develop a financial planning model that would...
-
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...
-
What is the purpose of a statement of cash flows? How does it differ from a balance sheet and an income statement?
-
William has $219,000 in taxable income this year. Tax Bracket 8% 15% 23% 31% 35% 43% Bottom of Bracket Top of Bracket $0 $10,200 $45,200 $115,200 $115,200 $215,200 $215,200 $415,200 $415,200 $10,200...
-
The cost function for maintenance is y = 1 2 0 x + 6 0 0 . The cost driver activity is the number of maintenance hours. What is the total cost of 4 hours of maintenance work?
-
The ABC County acquired equipment on 1 / 1 / 1 9 9 8 at a cost of $ 2 0 0 , 0 0 0 . The equipment has an estimated life of 5 years and a scrap value at the end of that time of 1 5 % . A sinking fund...
-
1. True or False: Customer service interactions only take place after a sale is made. False True
-
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2022. All of the bonds have a par value of $1,000 and pay semiannual...
-
Work each problem. Show that 2 + i is a solution of the equation x 2 + 4x + 5 = 0.
-
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?
-
The imposition of a ceiling on the length of time a criminal case should take to get to trial is a multifaceted issue, balancing the defendant's right to a timely trial with the complexities of...
-
Discuss three changes written into the Constitution in 1789 that changed the government from what it was under the ArticIes of Confederation?
-
Assume South Park is initially closed to trade. Domestic supply and demand for winter hats is given by the following equations: D = 60 - 4P, S = 2P - 6. a. Suppose South Park opens up to trade and...
Study smarter with the SolutionInn App