Refer to the table above. At what rate did the country grow between 2005 and 2006?

Suppose the economy is currently operating at potential output; an expansionary gap may be caused by each of the following except:

A. a positive demand shock B. a positive inflation shock C. an increase in govt spending D. an increase in the inflation rate

If an asset can be obtained or disposed of without much risk of losing its nominal value, it is said to be

A) valuable. B) wealth. C) fiduciary. D) liquid.