Question: table [ [ Year , Potential Real GDP , Real GDP , Price Level ] , [ 2 0 2 4 , $ 1
tableYearPotential Real GDPReal GDPPrice Level$ trillion,$ trillion, trillion, trillion,
Consider the hypothetical information in the table for potential real GDP real GDP and the price level in and in if the Federal Reserve does not use monetary policy. If the Fed uses monetary policy successfully to keep real GDP at its potential level in which of the following will be lower than if the Fed had taken no action?
A potential GDP and the inflation rate
B real GDP and potential GDP
C real GDP and the inflation rate
D real GDP and the unemployment rate
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