The table below provides macroeconomic data for a hypothetical economy.Dollar amounts are all in constant-dollar terms.
TABLE 19-1
-Refer to Table 19-1.In which years are the factors of production in this economy said to be "fully employed"?
A) 2009,2010,2014
B) 2011,2015
C) 2012,2013
D) all years
E) none of the years
Correct Answer:
Verified
Q9: In macroeconomics,the "output gap" is the difference
Q12: In macroeconomics,what is the output gap?
A)the measure
Q25: When macroeconomists use the term "recession" they
Q31: The table below provides macroeconomic data for
Q37: Which of the following correctly describes the
Q38: Consider an economy in which existing capital
Q39: The table below provides macroeconomic data for
Q40: Suppose actual output is less than potential
Q40: The table below provides macroeconomic data for
Q45: If a country's labour force is 15
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents