Author Question: A below-full-employment equilibrium A) is not possible in the U.S. economy. B) occurs when real ... (Read 45 times)

RRMR · **on:** Jun 29, 2018

A below-full-employment equilibrium

A) is not possible in the U.S. economy.
B) occurs when real GDP is less than potential GDP.
C) occurs when the price level is rising very quickly.
D) occurs when real GDP exceeds potential GDP.

Question 2

If the current account has a negative balance of 100 and the capital and financial account has a positive balance of 80, there will be ________ in official reserves of ________.

A) a decrease; 20
B) an increase; 20
C) an increase; 180
D) a decrease; 180