Figure 15-4 -Refer to Figure 15-4.Given the Economy Is at Point a Is

Multiple Choice

Figure 15-4

-Refer to Figure 15-4.Given the economy is at point A in year 1,what is the difference between the actual growth rate in GDP in year 2 and the potential growth rate in GDP in year 2?

A) 0.3%
B) 1.1%
C) 2.7%
D) 3.7%