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Author Question: Table 16-4 Refer to Table 16-4.Consider the hypothetical information in the table above for ... (Read 37 times)

ARLKQ

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Table 16-4









Refer to Table 16-4. Consider the hypothetical information in the table above for potential real GDP, real GDP, and the price level in 2016 and in 2017 if Congress and the president do not use fiscal policy. If Congress and the president use fiscal policy successfully to keep real GDP at its potential level in 2017, which of the following will be lower than if Congress and the president had taken no action?


◦ real GDP and the unemployment rate
◦ real GDP and the inflation rate
◦ real GDP and potential GDP
◦ potential GDP and the inflation rate


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Marked as best answer by ARLKQ on Mar 16, 2019

cswans24

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ARLKQ

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Reply 2 on: Mar 16, 2019
Wow, this really help


skipfourms123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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