Multiple Choice
-Using the data in the above table, in the short-run macroeconomic equilibrium, there is
A) an inflationary gap of $1 trillion.
B) an inflationary gap of $2 trillion.
C) a recessionary gap of $1 trillion.
D) a recessionary gap of $2 trillion.
Correct Answer:

Verified
Correct Answer:
Verified
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Q229: In the short run, the intersection of
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