Economics: The Basics 1st Edition by Mike Mandel

Exercise 2

Are the following situations more consistent with a positive output gap or a negative output gap?
a) Workers in a factory are putting in lots of overtime.
b) The shopping mall seems empty on a Saturday afternoon.
c) The roads are so crowded during rush hour that you have to leave early for work.
d) You apply for a new job, and there are plenty of other applicants.
e) When you go to a restaurant, you have to wait an hour for a table.