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Author Question: Output GapPotential GDP is $750 billion and is expected to grow at 5.5 percent per year. If real GDP ... (Read 18 times)

ShannenConnor

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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
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Marked as best answer by ShannenConnor on Nov 23, 2022

kaelamcrone

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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.
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ShannenConnor

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Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

pangili4

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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