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Tidy Tidy
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9 years ago
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.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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9 years ago
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Tidy Author
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9 years ago
This calls for a celebration Person Raising Both Hands in Celebration
sudenzia
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
gage
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2 hours ago
Smart ... Thanks!
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