Using the data in the above table, in the short-run macroeconomic ...

[Garrulous]

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.

[guyanai]

Answer to Question 1

A

Answer to Question 2

B

[Garrulous]

Thanks for the timely response, appreciate it

[alexanderhamilton]

Great answer, keep it coming