Question: 5. What is potential GDP? Does potential GDP remain constant over time? (1 mark) 6. Which of the following are likely to increase measured GDP,

5. What is potential GDP? Does potential GDP remain constant over time? (1 mark)

6. Which of the following are likely to increase measured GDP, and which are likely to reduce it?

a. The proportion of women working in paid employment outside the home increases.

b. There is a sharp increase in the crime rate.

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