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    Macroeconomics Study Set 38
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    Exam 9: An Introduction to the Short Run
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    If , the Macroeconomy Is
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If , the Macroeconomy Is

Question 111

Question 111

Multiple Choice

If If   , the macroeconomy is: A)  in an expansionary gap. B)  in a recessionary gap. C)  at its potential level of output. D)  Not enough information is given. E)  None of these answers is correct. , the macroeconomy is:


A) in an expansionary gap.
B) in a recessionary gap.
C) at its potential level of output.
D) Not enough information is given.
E) None of these answers is correct.

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