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Title: Suppose real GDP is $14 trillion and potential real GDP is $14.4 trillion. An increase in government Post by: Tidy on Jun 22, 2015 Suppose real GDP is $14 trillion and potential real GDP is $14.4 trillion. An increase in government purchases of $400 billion would cause real GDP to ________ potential real GDP (assuming a constant price level).
A) equal B) be less than C) be more than D) There is insufficient information given here to draw a conclusion. Title: Re: Suppose real GDP is $14 trillion and potential real GDP is $14.4 trillion. An increase in govern Post by: Sydnie on Jul 4, 2015 Content hidden
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