This topic contains a solution. Click here to go to the answer

Author Question: Output GapPotential GDP is $750 billion and is expected to grow at 5.5 percent per year. If real GDP ... (Read 11 times)

ShannenConnor

  • Full Member
  • ***
  • Posts: 155

Question 1

Output Gap

If real GDP is $600 billion and potential GDP is $730 billion, the output gap is ________ percent. (Round to the nearest tenth when appropriate.)
◦ 82.2
◦ 17.8
◦ 121.7
◦ -17.8

Question 2

Output Gap

Potential GDP is $750 billion and is expected to grow at 5.5 percent per year. If real GDP in 3 years is $790 billion, the output gap would be ________ percent in 3 years. (Round to the nearest tenth when appropriate.)
◦ 16.5
◦ 2.4
◦ 16.0
◦ -10.3


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ShannenConnor on Nov 23, 2022

kaelamcrone

  • Full Member
  • ***
  • Posts: 167
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly




ShannenConnor

  • Member
  • Posts: 155
Reply 2 on: Nov 23, 2022
:D TYSM


AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

For a complete list of videos, visit our video library