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Exhibit 27-1 -According to the Data in Exhibit 27-1, If the Gap

Question 7

Multiple Choice

Exhibit 27-1 Exhibit 27-1 -According to the data in Exhibit 27-1, if the gap between real GDP and potential GDP is 1 percent and inflation is 5 percent, the Fed will set the real interest rate at A) 10 percent. B) 2 percent. C) 11 percent. D) 8 percent. E) 9 percent.
-According to the data in Exhibit 27-1, if the gap between real GDP and potential GDP is 1 percent and inflation is 5 percent, the Fed will set the real interest rate at


A) 10 percent.
B) 2 percent.
C) 11 percent.
D) 8 percent.
E) 9 percent.

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