The Figure Given Below Shows the Macroeconomic Equilibrium of a Country

question 110

Multiple Choice

The figure given below shows the macroeconomic equilibrium of a country.
Figure 10.7

-Refer to Figure 10.7. What is the size of the GDP gap if potential GDP equals $3,000?

• A) $500
• B) $1,000
• C) $2,000
• D) $2,500
• E) $3,000

---

Definitions:

Actual Return

The real gain or loss experienced on an investment over a specified time period.

Expected Return

Expected return is the anticipated amount of profit or loss an investment is predicted to generate, accounting for the probability of different outcomes.

Financial Plan

Document that specifies the funds needed by a company for a period of time, the timing of inflows and outflows, and the most appropriate sources and uses of funds.

Inflows

The movement of resources, such as money or goods, into a system, organization, or area.