-Based on the Keynesian Cross Diagram Above,if Potential Output Y

question 105

Multiple Choice

-Based on the Keynesian cross diagram above,if potential output Y* = 6,000,then at the short-run equilibrium,

• A) there is a recessionary gap.
• B) there is an expansionary gap.
• C) actual output equals potential output.
• D) firms will be producing more than they can sell.
• E) firms will be producing less than they can sell.

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RAM

Stands for Random Access Memory, which is a type of computer memory that can be accessed randomly.

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A collection of related pieces of information stored together for easy reference.

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An organizational structure where entities are ranked one above the other according to authority or status.

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Organizational units in a file system that contains files and possibly other directories, used to structure and store computer files systematically.