If Potential GDP for the First Quarter of 2013 =

question 32

Multiple Choice

If potential GDP for the first quarter of 2013 = $75.8 billion,and real GDP for the first quarter of 2013 = $80.3 billion,then the output gap was

• A) -5.9%.
• B) -5.6%.
• C) 5.6%.
• D) 5.9%.

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Definitions:

Mourn

To feel or express sorrow or grief, often as a reaction to the death of someone.

Mispell

To write a word with incorrect letters or incorrect arrangement of letters.

Conceive

To conceive means to form or develop an idea, plan, or understanding in the mind.

Controling

The act of directing or regulating the behavior or operations of something or someone.