Potential GDPSelect one:A. never changes.B. increases as the price level rises.C. is the level of real GDP when unemployment is zero.D. does not vary with the price level.E. increases as the quantity of money in the economy increases.

option D. Does not vary with price level. Is the correct answer.

Answered: r changes. ases as the price level…

r changes. ases as the price level rises. e level of real GDP when unemployment is zero. not vary with the price level. ases as the quantity of money in the economy increases.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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