Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 21, 2024

If actual output equals potential output, but potential is growing very slowly, then an economy: Select one: O a. has a recessionary gap. O b.

If actual output equals potential output, but potential is growing very slowly, then an economy: Select one: O a. has a recessionary gap. O b. has an output gap. O c. is in an expansion. O d. is in a recession

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Applied Econometrics

Authors: Aaron D Smith, J Edward Taylor

1st Edition

0520288335, 9780520288331

More Books

Students also viewed these Economics questions

Question

★★★★★

Calculate net income for tax purposes for each of the three taxpayers. Income tax reference: ITA 3. Taxpayer A Taxpayer B axpayer C Employment income Business income (loss) Property income (loss)...

Answered: 1 week ago

Question

★★★★★

This is one question showing all possible answers. Free Spirit Industries Inc. recently paid a dividend to its shareholders. The following table offers a timeline of events surrounding the dividend....

Answered: 1 week ago

Question

★★★★★

=+52. ln an automated chemical coating process, the speed with which objects on a conveyor belt are passed through a chemical spray (belt speed), the amount of chemical sprayed (spray volume), and...

Answered: 1 week ago

Question

★★★★★

Alexei Urmanov Corporation operates a retail computer store. To improve delivery services to customers, the company purchases three new trucks on April 1, 2008. The terms of acquisition for each...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

Please help me understand I cannot figure this one out. Need help finding Net Present value and net present value assuming 13% cost of capital. Please dont just give me the answer, show me all steps...

Answered: 1 week ago

Question

★★★★★

a. The owner invested $17,800 cash in the company. b. The company purchased supplies for $1,200 cash. c. The owner invested $11,400 of equipment in the company in exchange for more common stock. d....

Answered: 1 week ago

Question

★★★★★

Fara wants to buy a new smartphone and is willing to pay $800 based on her preferences and budget. She finds the phone on sale for $600, and she decides to purchase it. What does the difference...

Answered: 1 week ago

Question

★★★★★

( b ) Martha approaches Maria Swanepoel of Swanepoel Inc., an attorney at law practicing in the Pretoria East area to assist her with her claim for damages resulting from her dispute with Joseph. The...

Answered: 1 week ago

Question

★★★★★

As of November 1, 1999, the exchange rate between the Brazilian real and U.S. dollar is R$1.73/$. The consensus forecast for the U.S. and Brazil inflation rates for the next 1-year period is 3.3% and...

Answered: 1 week ago

Question

★★★★★

Polycorp plans to pay a dividend of $6 in one year time dividend are then expected to increase by $1 a year for 5 year after that they are expected to grow at 2%pa forever shareholders required...

Answered: 1 week ago

Question

★★★★★

A The use of bulleted lists predates Microsoft PowerPointinstructors and presenters have made use of overhead projectors and slide shows for decades. Why is Tufte being so hard on Microsoft?

Answered: 1 week ago

Question

★★★★★

Do I call out the parts of my speech, including the introduction, transitions, and conclusion?

Answered: 1 week ago

Question

★★★★★

Have I incorporated my research into my outline effectively?

Answered: 1 week ago

Previous Question Next Question