Essay
Suppose, for a hypothetical economy, potential GDP equals $9,200 billion. If real GDP equals $9,400 billion, then according to the table below, the cyclical surplus equals
A)$320 billion.
B)$40 billion.
C)-$40 billion.
D)$20 billion.
E)$360 billion.
Correct Answer:

Verified
Correct Answer:
Verified
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