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Author Question: Using the data in the above table, in the short-run macroeconomic equilibrium, there is A) an ... (Read 101 times)

Garrulous

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on: Jun 29, 2018
Using the data in the above table, in the short-run macroeconomic equilibrium, there is
 
  A) an inflationary gap of 1 trillion.
  B) an inflationary gap of 2 trillion.
  C) a recessionary gap of 1 trillion.
  D) a recessionary gap of 2 trillion.

Question 2

Using the data in the above table, if saving equals 650 billion and exports are greater than imports,
 
  A) the government sector must run a deficit.
  B) net taxes will be greater than 1300 billion.
  C) net taxes will be less than 650 billion.
  D) government expenditures must increase.


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guyanai

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

A

Answer to Question 2

B


Garrulous

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

flexer1n1

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Reply 3 on: Yesterday
:D TYSM

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