If the actual real GDP is less than potential real GDP, the economy is
A. not in macroeconomic equilibrium.
B. at full employment.
C. in an above full-employment equilibrium.
D. in a below full-employment equilibrium.
Answer:D
If the actual real GDP is less than potential real GDP, the economy is
A. not in macroeconomic equilibrium. B. at full employment. C. in an above full-employment equilibrium. D. in a below full-employment equilibrium.