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Author Question: In the above figure, point B depicts A) an inflationary gap with real GDP in excess of potential ... (Read 100 times)

ahriuashd

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on: Jun 29, 2018
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.


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bfulkerson77

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

A

Answer to Question 2

A


ahriuashd

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

lcapri7

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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