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Author Question: In the short run, the equilibrium level of real GDP A) is necessarily less than potential GDP. ... (Read 85 times)

aabwk4

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on: Jun 29, 2018
In the short run, the equilibrium level of real GDP
 
  A) is necessarily less than potential GDP.
  B) is necessarily equal to potential GDP.
  C) is necessarily greater than potential GDP.
  D) could be less than, equal to, or greater than potential GDP.

Question 2

The difference between actual reserves and required reserves is
 
  A) net worth.
  B) excess reserves.
  C) illegal reserves.
  D) desired reserves.


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ambernicolefink

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

D

Answer to Question 2

B


aabwk4

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Reply 2 on: Jun 29, 2018
Excellent

essyface1

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

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