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Use the Table Below to Answer the Following Questions

Question 73

Multiple Choice

Use the table below to answer the following questions.
Table 26.3.1
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.
-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.

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