Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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