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Figure 13-4 -Refer to Figure 13-4.In the Figure Above,AD1,LRAS1 and SRAS1 Denote

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Figure 13-4 Figure 13-4   -Refer to Figure 13-4.In the figure above,AD<sub>1</sub>,LRAS<sub>1</sub> and SRAS<sub>1</sub> denote AD,LRAS and SRAS in year 1,while AD<sub>2</sub>,LRAS<sub>2</sub> and SRAS<sub>2</sub> denote AD,LRAS and SRAS in year 2.Given the economy is at point A in year 1,what is the actual growth rate in GDP in year 2? A) 2.5% B) 7.3% C) 8.0% D) 10.0%
-Refer to Figure 13-4.In the figure above,AD1,LRAS1 and SRAS1 denote AD,LRAS and SRAS in year 1,while AD2,LRAS2 and SRAS2 denote AD,LRAS and SRAS in year 2.Given the economy is at point A in year 1,what is the actual growth rate in GDP in year 2?


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