Figure 24-4 -Refer to Figure 24-4. Given the Economy Is at Point

question 257

Multiple Choice

Figure 24-4
-Refer to Figure 24-4. Given the economy is at point A in year 1, what is the difference between the actual growth rate in GDP in year 2 and the potential growth rate in GDP in year 2?

• A) 0.3%
• B) 1.1%
• C) 2.7%
• D) 3.7%