« previous next »

Author Question: Can actual real GDP exceed potential GDP? What will be an ideal ... (Read 14 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
on: Jun 29, 2018
Can actual real GDP exceed potential GDP?
 
  What will be an ideal response?

Question 2

Which of the following is the best example of a good or service with an external benefit?
 
  A) gasoline
  B) education
  C) garbage disposal
  D) fertilizers
  E) bread


apple

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 29, 2018
Answer to Question 1

Yes, actual real GDP temporarily can exceed potential GDP as the economy nears a business cycle peak.

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Changes that occur during an action potential. Changes that occur during an action potential.
Potential Constitutional Challenges to Loitering, Panhandling, and Sit-Lie Laws Potential Constitutional Challenges to Loitering, Panhandling, and Sit-Lie Laws
Cultures Ideal Body Types Cultures Ideal Body Types
Potential gas reserves have increased significantly with the discovery of new shale gas formations Potential gas reserves have increased significantly with the discovery of new shale gas formations
Predicted polypeptide sequences translated from potential ORFs in the human TUBA3C gene Predicted polypeptide sequences translated from potential ORFs in the human TUBA3C gene
Number line (real numbers) Number line (real numbers)
Video: Requirements for nervous signals

For a complete list of videos, visit our video library