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Author Question: Refer to Figure 12-2.Suppose that the level of GDP associated with pointKis potential ... (Read 93 times)

tsand2

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on: Mar 16, 2019

Question 1

Figure 12-2











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


◦ The price level in the United States falls relative to the price level in other countries.
◦ Congress abolishes investment tax incentives.
◦ The interest rate rises.
◦ Household wealth declines.

Question 2

Figure 12-2











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


◦ firms are operating below capacity.
◦ the economy is at full employment.
◦ the economy is in an expansion.
◦ the level of unemployment is above the natural rate.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by tsand2 on Mar 16, 2019

courtney_bruh

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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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tsand2

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Reply 2 on: Mar 16, 2019
Great answer, keep it coming :)

Dnite

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

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