Macroeconomics: Economic Fluctuations - Economic Fluctuations and the Macroeconomy - Building Aggregate Supply
4 important questions on Macroeconomics: Economic Fluctuations - Economic Fluctuations and the Macroeconomy - Building Aggregate Supply
True or False. Price level does not affect the long run determinants of real GDP.
True or False. Long run aggregate supply (LRAS) is a straight line.
The long run level of real GDP is known as:
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What are the 2 synonyms of Potential Real GDP?
- Full-Employment Output
- Natural Rate of Output
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