Refer to the Figure Below

question 82

Multiple Choice

Refer to the figure below.Based on the diagram, if potential output equals 8,000 and the real interest rate is 4%, then there is ______ gap and the Fed must ______ the real interest rate so that output will equal potential output.

• A)a recessionary; raise
• B)a recessionary; lower
• C)no output; not change
• D)an expansionary; raise

Understand the structural components of a cell membrane and their functions.

Comprehend the differences among simple diffusion, osmosis, and facilitated diffusion.

Understand the concept of genetic disorders affecting membrane transport and their consequences.

Understand the fundamental principles for planning and delivering effective presentations.

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Definitions:

EAR

The Effective Annual Rate, a measurement of interest that takes into account the effect of compounding over the period of time it is applied.

Compounded Monthly

The process of calculating interest on an initial principal, which also includes all of the accumulated interest from previous periods on a loan or investment, with the compounding occurring on a monthly basis.

Effective Annual Rate

The interest rate on an investment or loan that considers the effects of compounding over a given time period.

Compounded Quarterly

An investment or loan interest calculation method where interest is added to the principal four times a year.