Multiple Choice
Use the table below to answer the following questions.
Table 26.3.1
-Refer to Table 26.3.1. Consider the economy represented in the table. There is
A) an inflationary gap equal to $100 billion.
B) an inflationary gap equal to $50 billion.
C) a recessionary gap equal to $50 billion.
D) a recessionary gap equal to $100 billion.
E) neither an inflationary nor a recessionary gap because the economy is at full employment.
Correct Answer:

Verified
Correct Answer:
Verified
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