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LAS 130 SAS 120 Price level (GDP deflator, 2009 = 100) 110 A 100 90 0 17.0 17.5 18.0 18.5 19.0 19.5 Real GDP (trillions

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LAS 130 SAS 120 Price level (GDP deflator, 2009 = 100) 110 A 100 90 0 17.0 17.5 18.0 18.5 19.0 19.5 Real GDP (trillions of 2009 dollars) in the figure above, potential GDP equals Select one: O a. $18.0 trillion. O b. $17.5 trillion. O c. None of the other answers is correct. O d. $18.5 trillion. When people became concerned with the underlying value of their houses and became concerned with the expectations of the prices of their houses increasing, a housing bubble occurred. Select one: O a. less; less O b. more; more O c.more; less O d. less; more

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