In the above figure, point B depicts A) an inflationary gap ...

[ahriuashd]

In the above figure, point B depicts
 
  A) an inflationary gap with real GDP in excess of potential GDP.
  B) an inflationary gap with real GDP less than potential GDP.
  C) a recessionary gap with real GDP in excess of potential GDP.
  D) a recessionary gap with real GDP less than potential GDP.

Question 2

In the political marketplace, firms do all of the following EXCEPT
 
  A) vote.
  B) pay taxes.
  C) evaluate policy proposals of politicians.
  D) benefit from public goods and services.

[bfulkerson77]

Answer to Question 1

A

Answer to Question 2

A

[ahriuashd]

TYSM

[sailorcrescent]

Excellent