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expeople1 [14]
3 years ago
10

Potential gdp refers to 1) the difference between the highest level of real gdp per quarter and the lowest level of real gdp per

quarter within any given year. 2) the level of gdp attained by the country with the highest growth in real gdp in a given year. 3) the extent to which real gdp is above or below nominal gdp. 4) the level of gdp attained when all firms are producing at capacity
Business
1 answer:
Sholpan [36]3 years ago
5 0
4.

Potential GDP is the maximum output when there is full employment of resources or the factors of production.
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Answer:

16.7 percentage

Explanation:

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(150/900) * 100 = 16.7%

The reason for this equation is that interest rate is the amount a lender charges for the use of assets expressed as a percentage of the principal.

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The interest rate is typically noted on a annual basis known as the annual percentage rate (APR).

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Monopolistic competition has a downward sloping demand curve. Thus, just as for a pure monopoly, its marginal revenue will always be less than the market price, because it can only increase demand by lowering prices, but by doing so, it must lower the prices of all units of its product. Hence, monopolistically competitive firms maximize profits or minimize losses by producing that quantity where marginal revenue equals marginal cost, both over the short run and the long run.

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1)The price from the electronics from China goes up
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I don't what the answer is but I will look for it

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