Multiple Choice
The output gap is zero when:
A) planned investment equals actual investment.
B) the economy is experiencing macroeconomic equilibrium.
C) monetary and fiscal policy are in agreement.
D) potential GDP meets actual GDP.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q65: If potential GDP is $7.04 trillion and
Q66: Which of the following shows the correct
Q67: If Y < AE:<br>A)planned investment will decrease
Q68: If the real rate of interest is
Q69: Which of the following cause shifts in
Q71: In each case below, draw the IS
Q72: Suppose that with a real interest rate
Q73: In a closed economy, the equation for
Q74: The difference between the three-month interbank loan
Q75: If potential GDP is $990 billion and