Figure 15-4 -Refer to Figure 15-4.In the Figure Above,LRAS₁ and SRAS₁ Denote

question 46

Multiple Choice

Figure 15-4
-Refer to Figure 15-4.In the figure above,LRAS₁ and SRAS₁ denote LRAS and SRAS in year 1,while LRAS₂ and SRAS₂ denote LRAS and SRAS in year 2.Given the economy is at point A in year 1,what is the growth rate in potential GDP in year 2?

• A)8%
• B)9.1%
• C)10%
• D)12%

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