Q
Potential GDP is the level of aggregate output ?
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A
A. That can be produced if structural unemployment is zero
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B
B. That can be produced at a zero-unemployment rate
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C
C. That can be sustained in the long run without inflation
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D
D. That can be sustained in the long run, if the inflation rate is zero
Correct Answer:
C. C. That can be sustained in the long run without inflation