The table below shows data for five economies of similar size.Real GDP is measured in billions of dollars.Assume that potential output for each economy is $340 billion. 
TABLE 24-1 Refer to Table 24-1.Which of the economies are experiencing an inflationary gap?
A) Economies A and B
B) Economies B and C
C) Economies C and D
D) Economies D and E
E) none of the economies
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Q35: Q36: If the economy in the short run Q37: If the economy is experiencing an inflationary Q38: The Phillips curve provides a theoretical link Q39: An important assumption in the AD/AS macro Q41: Consider the AD/AS macro model.An important asymmetry Q42: The table below shows data for five Q43: Consider an economy with a relatively steep Q44: The table below shows data for five Q45: Consider an AD/AS model in long-run equilibrium.An
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