TheRealONeals4123 TheRealONeals4123
  • 04-04-2019
  • Business
contestada

If the economy is currently in equilibrium at a level of GDP that is below potential GDP, what would move the economy back to potential GDP?

Respuesta :

MrsTriplet MrsTriplet
  • 10-04-2019

Answer: An increase in wealth will move the economy back to potential GDP.

Explanation: If there is an increase in the wealth than it will bring the GDP up. Once GDP is brought up then there is a better chance of the economy reaching equilibrium. Equilibrium happens when two opposite forces are balanced out.

Answer Link

Otras preguntas

Why were Europeans interested in exploration in the fifteenth and sixteenth centuries?
which is an example of how ecosystems on earth affect each other
Sputnik is associated with
Solve this inequality: 3b – 7 < 32
Colonists used the phrase “No taxation without representation” to suggest that
Which sentence best explains why critics argue against social welfare programs? The programs give people time to locate employment and shelter. The programs' co
How do you identify the place of each dígito of 70,315
a beaker with water and the surrounding air are all at 24'C. after ice cubes are placed in the water, heat is transfered from
To convert drams to grams, multiply the number of drams by which number?
2. The four main systems of the Earth are