An economy could produce above its potential GDP for a short period of time by
a. reducing the size of the labor force.
b. adding extra shifts of work, such as overtime or night shifts.
c. increasing the money supply.
d. increasing the price of final goods and services.

One way an economy can produce above its potential GDP is by utilizing labor more efficiently. For instance, businesses might implement overtime hours, allowing them to ramp up production without needing to hire additional employees. This temporary boost can lead to increased output and economic activity, but it typically can’t be sustained long-term without stretching resources too thin.

Another real-world application is seen during times of economic booms, where companies often employ strategies like night shifts or extra shifts to keep up with demand. This can lead to temporary productivity spikes, but it’s important to balance worker fatigue and long-term health against short-term production goals, as sustainable growth relies on workforce well-being.