22. Full employment for Country A is estimated to 10,000. Currently, it's GDP is 9,500 As a...
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Question:
22. Full employment for Country A is estimated to 10,000. Currently, it's GDP is 9,500 As a result, we can conclude that Country A's economy has a(n):
inflationary gap
recessionary gap
shortage gap
interest rate gap
23. Which of the following events would cause the aggregate demand curve to shift to the right?
an increase in the value of the dollar
an increase in interest rates
an increase in imports
an increase in foreign income
NO EXPLANATION REQUIRED
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