If real GDP is less than potential GDP, then the economy is ...

[tsand2]

If real GDP is less than potential GDP, then the economy is ________ equilibrium.
 
  A) at an above-full-employment
  B) not in short-run macroeconomic
  C) at a below-full-employment
  D) in long-run macroeconomic

Question 2

All points below the budget line are
 
  A) inferior to every point on the budget line.
  B) preferred to every point on the budget line.
  C) affordable.
  D) Answers A and C are correct.

[Juro]

Answer to Question 1

C

Answer to Question 2

C

[tsand2]

Thanks for the timely response, appreciate it

[amcvicar]

Wow, this really help