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    Macroeconomics Study Set 38
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    Exam 14: The Great Recession and the Short-Run Model
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    By 2016 (And in the Aftermath of the Financial Crisis)
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By 2016 (And in the Aftermath of the Financial Crisis)

Question 11

Question 11

Multiple Choice

By 2016 (and in the aftermath of the financial crisis) , the output gap is:


A) still negative.
B) equal to zero.
C) positive, but small.
D) equal to about 5 percent.
E) Not enough information is given.

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