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Refer to the figure above, where YP is potential GDP and Y₂ is the current equilibrium GDP, the unemployment rate in the
Posted: Sun Jun 05, 2022 3:53 pm
by answerhappygod
- Refer To The Figure Above Where Yp Is Potential Gdp And Y Is The Current Equilibrium Gdp The Unemployment Rate In The 1 (31.59 KiB) Viewed 45 times
Refer to the figure above, where YP is potential GDP and Y₂ is the current equilibrium GDP, the unemployment rate in the economy at YP is expected to be. compared to the unemployment rate at Y₂ O Larger O Smaller O Equal Answer cannot be determined 1 pts.
Question 10 On the aggregate expenditure model, the 45 degree line shows amount of autonomous expenditure O amount of output O points where outputs exceeds expenditure where output is equal to expenditure
Question 11 1 pts A simultaneous 50 billion dollar increase in both government and taxation would have O no effect on GDP O increase equilibrium GOP O decrease equilibrium GDP not enough information to determine