Author Question: During a recession, A) real GDP is less than potential GDP. B) real GDP is equal to potential ... (Read 52 times)

plus1

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During a recession,
 
  A) real GDP is less than potential GDP.
  B) real GDP is equal to potential GDP.
  C) the actual unemployment rate is less than the natural unemployment rate.
  D) real GDP is greater than potential GDP.
  E) the relationship between real GDP and potential GDP no longer exists.

Question 2

When the United States exports goods and services to France, there is an increase in the
 
  A) demand for dollars.
  B) supply of French francs.
  C) supply of dollars.
  D) U.S. capital account balance.
  E) U.S. official settlements account balance.



kthug

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Answer to Question 1

A

Answer to Question 2

A



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