If $\tilde { Y } _ { t } = 0$

question 1

Multiple Choice

If $\tilde { Y } _ { t } = 0$ , the macroeconomy is:

• A) at its potential level of output
• B) in a recessionary gap
• C) in an expansionary gap
• D) Not enough information is given.
• E) None of these answers are correct.

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Definitions:

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The process of reviewing, altering, and amending a piece of text or any other work, with the intention of improving it.

Sexist Language

Language that discriminates against or stereotypes individuals based on their gender.

Nonsexist Language

Language that treats both sexes neutrally, that does not make assumptions about the proper gender for a job, and that does not imply that one sex is superior to or takes precedence over the other.