Use the Following Table to Answer the Questions : Table9

question 25

Multiple Choice

Use the following table to answer the questions : Table9.2:

-Complete Table 9.2.(Data are expressed in billions of dollars. ) If the full-employment level of income (Y_F) in Table 9.2 is $700 billion,

• A)The economy is in equilibrium.
• B)There is a recessionary gap of $250 billion.
• C)There is an inflationary gap of $450 billion.
• D)There is an inflationary gap of $700 billion.

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Definitions:

Buffer

A temporary storage area in computing used to manage data being transferred between two devices or processes.

Active Voice

A sentence structure where the subject performs the action of the verb, leading to clear and direct communication.

Passive Voice

A sentence construction where the subject of the sentence is acted upon by the verb, often hiding the action's performer.

Goodwill Conclusion

The final part of a communication that expresses friendly intent and seeks to maintain a positive relationship with the audience.