A) in the recession phase of the business cycle.
B) in the expansion phase of the business cycle.
C) no longer in a business cycle.
D) at potential GDP.
ANSWER:
D) at potential GDP.
A) in the recession phase of the business cycle.
B) in the expansion phase of the business cycle.
C) no longer in a business cycle.
D) at potential GDP.
ANSWER:
D) at potential GDP.