At full employment, real GDP is equal to:
APartial GDP
BPotential GDP
CPrevious GDP
DPrinted GDP
Answer & Solution
Correct answer: B. Potential GDP
1. Resources are being used fully.
2. Output is at its sustainable ceiling.
3. That ceiling is potential GDP.
_Source: OpenStax Principles of Macroeconomics 3e, Chapter 8, Unemployment._
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