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The Table Below Provides Macroeconomic Data for a Hypothetical Economy

question 63

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The table below provides macroeconomic data for a hypothetical economy.Dollar amounts are all in constant-dollar terms.
The table below provides macroeconomic data for a hypothetical economy.Dollar amounts are all in constant-dollar terms.    TABLE 19-1 -Refer to Table 19-1 What is the output gap in 2012? A) $420 billion B) $418 billion C) -$2 billion D) -$20 billion E) $2 billion TABLE 19-1
-Refer to Table 19-1 What is the output gap in 2012?


Definitions:

Attribute

A quality or feature regarded as a characteristic or inherent part of someone or something.

Database

A collection of related files or tables containing data.

Data Hierarchy

A systematic organization of data often in a hierarchical form ranging from bits and bytes up to databases.

Byte

A unit of digital information that most commonly consists of eight bits, representing a single character of data in most computer systems.

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