Use the Graph Below to Find the Limits or Explain $\lim _{x \rightarrow 2^{-}} f(x)$

question 17

Essay

Use the graph below to find the limits or explain why the limits do not exist.
(a) $\lim _{x \rightarrow 2^{-}} f(x)$
(b) $\lim _{x \rightarrow 2^{+}} f(x)$
(c) $\lim _{x \rightarrow 2} f(x)$

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Definitions:

Equilibrium GDP

The gross domestic product level where aggregate supply equals aggregate demand, indicating a stable economy.

Inflationary Gap

A situation where aggregate demand in an economy exceeds aggregate supply, leading to inflation and a higher levels of spending than what is supported by production.

Federal Budget Deficit

The shortfall that occurs when the United States federal government's expenditures exceed its revenues within a fiscal year.

National Debt

The total amount of money that a country's government has borrowed by issuing securities like government bonds.