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The Table Below Shows Data for Five Economies of Similar

Question 137

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The table below shows data for five economies of similar size.Real GDP is measured in billions of dollars.Assume that potential output for each economy is $340 billion. The table below shows data for five economies of similar size.Real GDP is measured in billions of dollars.Assume that potential output for each economy is $340 billion. TABLE 24-1 Refer to Table 24-1.Which of the economies are experiencing an inflationary gap? A) Economies A and B B) Economies B and C C) Economies C and D D) Economies D and E E) none of the economies TABLE 24-1 Refer to Table 24-1.Which of the economies are experiencing an inflationary gap?


A) Economies A and B
B) Economies B and C
C) Economies C and D
D) Economies D and E
E) none of the economies

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