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Author Question: Refer to Figure 12-2. If the U.S. economy is currently at pointN, which of the following ... (Read 156 times)

asd123

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on: Mar 16, 2019

Question 1

Figure 12-2











Refer to Figure 12-2. Suppose that the level of GDP associated with point N is potential GDP. If the U.S. economy is currently at point K,


◦ firms are operating above capacity.
◦ the economy is at full employment.
◦ the economy is in recession.
◦ the level of unemployment is equal to the natural rate.

Question 2

Figure 12-2











Refer to Figure 12-2.  If the U.S. economy is currently at point N, which of the following could cause it to move to point K?


◦ Households expect future income to rise.
◦ Household wealth falls.
◦ Firm's cash flows rise as profits rise.
◦ Government expenditures increase.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by asd123 on Mar 16, 2019

reversalruiz

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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asd123

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Reply #2 on: Mar 16, 2019
Excellent


reversalruiz

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Reply #3 on: Mar 16, 2019
Great! Please up vote :D


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