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.Management Sciences
A. potential output
B. actual output
C. real output
D. international trade
Related Mcqs:
- The business cycle is not transmitted from one country to another through ?
- A. private sector imports and exports B. economic policy C. the duration of compulsory education D. labor supply changes...
- The belief that the rate of growth depends upon technological progress facilitated by institutions incentives and government is known as ________ growth theory?
- A. endogenous B. exogenous C. beta D. convergence...
- GDP per head may be an imperfect measure of economic welfare because it excludes ?
- A. the value of leisure B. Externalities C. Untraded goods D. Change in the distribution of income E. All of the above...
- The business cycle describes fluctuations in output around the?
- A. trend path of output B. boom C. recession D. short-run fluctuations in output...
- All of the following are parts of the business cycle except ?
- A. boom B. slump C. recovery D. acceleration...
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