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Author Question: If real GDP is less than potential GDP, then the economy is ________ equilibrium. A) at an ... (Read 35 times)

tsand2

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on: Jun 29, 2018
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.


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Juro

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


tsand2

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Reply 2 on: Jun 29, 2018
Wow, this really help

ryhom

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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