The growth rate of potential GDP is not affected by a. the growth rate of the labor force. b. environmentalists’ ability to pass regulations. c. the rate of technological progress. d. the growth rate of a nation’s capital stock.

The growth rate of potential GDP is not affected by a. the growth rate of the labor force. b. environmentalists’ ability to pass regulations. c. the rate of technological progress. d. the growth rate of a nation’s capital stock.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter19: Measuring Economic Performance

Section: Chapter Questions

Problem 11P

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Question

The growth rate of potential GDP is not affected by

	a.	the growth rate of the labor force.
	b.	environmentalists’ ability to pass regulations.
	c.	the rate of technological progress.
	d.	the growth rate of a nation’s capital stock.

Definition Video Definition Overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period. Video

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