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    Macroeconomics Study Set 26
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    Exam 9: An Introduction to the Short Run
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    If Current Output Is
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If Current Output Is

Question 6

Question 6

Multiple Choice

If current output is If current output is   Billion and potential output   Billion,then the economy is in a __________ and   Is about __________. A) boom;-6.7 percent B) recession;- 6.7 percent C) recession;-6.2 percent D) boom;6.7 percent E) None of the above is correct.
Billion and potential output If current output is   Billion and potential output   Billion,then the economy is in a __________ and   Is about __________. A) boom;-6.7 percent B) recession;- 6.7 percent C) recession;-6.2 percent D) boom;6.7 percent E) None of the above is correct.
Billion,then the economy is in a __________ and If current output is   Billion and potential output   Billion,then the economy is in a __________ and   Is about __________. A) boom;-6.7 percent B) recession;- 6.7 percent C) recession;-6.2 percent D) boom;6.7 percent E) None of the above is correct.
Is about __________.


A) boom;-6.7 percent
B) recession;- 6.7 percent
C) recession;-6.2 percent
D) boom;6.7 percent
E) None of the above is correct.

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