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★ѕραndavir ★ѕραndavir
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6 years ago
If nominal GDP growth in an economy is a constant 7 percent, the economy's long-run equilibrium is at Y equal to ________ with inflation of ________.
A) 100, zero
B) 100, 7 percent
C) 107, zero
D) 107, 7 percent
E) 103.5, 3.5 percent
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Macroeconomics

Macroeconomics


Edition: 12th
Author:
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supersuinegsupersuineg
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5 years ago
A good answer to a tough question
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