In Beyonceland, Real GDP Fell Continuously from $200 Billion in 2015

question 39

Multiple Choice

In Beyonceland, real GDP fell continuously from $200 billion in 2015 to $160 billion in 2016. Potential GDP remained constant at $180 billion. Between 2015 and 2016, Beyonceland

• A) went from a peak to a trough.
• B) went from expansion to contraction.
• C) went from a deflationary gap to an inflationary gap.
• D) went from a positive output gap to a negative output gap.
• E) had a growth rate of -25 percent.

---

Definitions:

Psychoanalysis

The school of psychology that emphasizes the importance of unconscious motives and conflicts as determinants of human behavior.

Catharsis

In psychoanalysis, the expression of repressed feelings and impulses to allow the release of the psychic energy associated with them.

Psychoanalysis

A therapeutic approach founded by Sigmund Freud, focusing on resolving unconscious conflicts through techniques like free association and dream analysis.

Assaulting

Engaging in a physical attack or aggressive action against another person.