Use the Figure Below to Answer the Following Questions

Multiple Choice

Use the figure below to answer the following questions.

Figure 26.3.1
-Refer to Figure 26.3.1. Econoworld is at its short-run macroeconomic equilibrium. There is a difference between ________ real GDP and potential GDP of $________ billion.

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