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Use the Figure Below to Answer the Following Questions

Question 43

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions.    Figure 10.3.1 -Refer to Figure 10.3.1.The economy is at its short- run macroeconomic equilibrium.There is a difference between _______ equilibrium real GDP and potential GDP of $_______ billion. A) below full- employment; 20 B) actual; 0 C) below full- employment; 40 D) above full- employment; 40 E) above full- employment; 20 Figure 10.3.1
-Refer to Figure 10.3.1.The economy is at its short- run macroeconomic equilibrium.There is a difference between _______ equilibrium real GDP and potential GDP of $_______ billion.


A) below full- employment; 20
B) actual; 0
C) below full- employment; 40
D) above full- employment; 40
E) above full- employment; 20

Correct Answer:

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