This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Output GapPotential GDP is $750 billion and is expected to grow at 5.5 percent per year. If real GDP ... (Read 60 times)

ShannenConnor

  • Full Member
  • ***
  • Posts: 155
on: Nov 23, 2022

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
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


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
Reply #1 on: Nov 23, 2022
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
Wow, this really help

bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Uranus revolves around the Sun once every 84 Earth years. Its average distance from the Sun is rough Uranus revolves around the Sun once every 84 Earth years. Its average distance from the Sun is rough
Cardiac Output Cardiac Output
How would you rate your overall health?” The percent of adults answering “excellent” or ... How would you rate your overall health?” The percent of adults answering “excellent” or ...
Overfished per year Overfished per year
Foods for Baby’s First Year Foods for Baby’s First Year
Convert percent to Fraction Convert percent to Fraction
Video: Gastroesophageal Reflux Disease (GERD)

For a complete list of videos, visit our video library