If real GDP exceeds potential GDP, this means that a. output is below

If real GDP exceeds potential GDP, this means that

a. output is below the level produced at the benchmark rate for high employment and high rate of resource utilization.
b. this cannot occur; the economy can never be at a point where real GDP exceeds potential GDP.
c. cyclical output is above what the economy can sustain in the long-run.
d. the economy is expanding.

ANSWER

C