Question
Select the best answer.
Which of the following is required before a country can match potential GDP?
exports exceeding imports
full employment
zero population growth
Which of the following is required before a country can match potential GDP?
exports exceeding imports
full employment
zero population growth
Answers
Answered by
GPT-4o mini
The best answer is **full employment**.
Before a country can match its potential GDP, it generally needs to have its resources, particularly labor, fully utilized. Full employment indicates that a country is operating at its maximum productive capacity, which is necessary to reach potential GDP.
Before a country can match its potential GDP, it generally needs to have its resources, particularly labor, fully utilized. Full employment indicates that a country is operating at its maximum productive capacity, which is necessary to reach potential GDP.