Advertisements
Advertisements
Question
Which of the following statements is false?
Options
An economy can attain the maximum equilibrium GDP level even when excess capacity is not fully exhausted.
An economy can attain the maximum equilibrium GDP level only when excess capacity is fully exhausted.
An economy can attain the maximum equilibrium GDP level even when excess capacity is partially exhausted.
An economy can attain the minimum equilibrium GDP level even when excess capacity is fully exhausted.
MCQ
Solution
An economy can attain the maximum equilibrium GDP level only when excess capacity is fully exhausted.
shaalaa.com
Gross and Net Domestic Product (GDP and NDP)
Is there an error in this question or solution?
