Refer to Figure 10.2 for the Following Questions

question 59

Multiple Choice

Refer to Figure 10.2 for the following questions.
Figure 10.2

-In Figure 10.2, given the economy is at point A in year 1 and point B in year 2, what is the growth rate in potential GDP between those two years?

• A)9.1%
• B)8%
• C)12%
• D)10%

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Definitions:

CFTC

The Commodity Futures Trading Commission, a United States federal agency regulating futures and options markets.

Futures Contract

A standardized legal agreement to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.

Futures Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified future date.

Wilshire 5000

A metric assessing the performance of all equity securities based in the U.S. for which price information is easily accessible.