Table 10-1 -In Table 10-1, If Full Employment Occurs at $3,100 Billion

question 67

Multiple Choice

Table 10-1
-In Table 10-1, if full employment occurs at $3,100 billion, then

• A)the economy experiences a recessionary gap of $150 billion.
• B)the economy experiences a recessionary gap of $300 billion.
• C)the economy experiences an inflationary gap of $150 billion.
• D)the economy experiences an inflationary gap of $300 billion.

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Definitions:

Ethanol

A volatile, flammable, colorless liquid alcohol, used as a biofuel and in the manufacture of various chemicals and pharmaceuticals.

Food Supplies

The total amount of food available or stocked for consumption and distribution to meet the demands of the population.

Green Globes

A certification program focused on improving environmental performances of buildings through sustainable design and operations.

LEED

Leadership in Energy and Environmental Design; a widely used green building certification program that evaluates the environmental performance of a building.