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 66 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
Thanks for the timely response, appreciate it

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Rate of Residential Change, Past Year, in the United States Rate of Residential Change, Past Year, in the United States
Real Femur Real Femur
Yuji Hiratsuka, Miracle Grow Hypnotist. Yuji Hiratsuka, Miracle Grow Hypnotist.
Portrait of Typical 12-year-old Boy and Girl, 1981 and 2007-2009 Portrait of Typical 12-year-old Boy and Girl, 1981 and 2007-2009
Find the proceeds of the following promissory note. A five-year, $4500.00 note bearing interest ... Find the proceeds of the following promissory note. A five-year, $4500.00 note bearing interest ...
Walking into new year kids drawing Walking into new year kids drawing
Video: Acid-base imbalances - metabolic acidosis and alkalosis

For a complete list of videos, visit our video library