An economy that is producing a gross domestic product worth $100 million but is capable of producing an output worth $150 million at full-employment equilibrium would have a(n):
a. recessionary gap of $50 million

b. expansionary gap of $100 million.
c. recessionary gap of $150 million.
d. expansionary gap of $250 million.

a

Economics

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Which of the following would increase gross private domestic investment in an economy?

A) an increase in the level of Apple's inventory B) an increase in the shares of Apple stock households own C) an increase in the number of workers Apple hires D) an increase in the number of highway construction projects the government is funding

Economics

Think of at least nine examples, three of each, that display a positive, negative, or no correlation between two economic variables. In each of the positive and negative examples, indicate whether or not you expect the correlation to be strong or weak

What will be an ideal response?

Economics