Suppose, for a hypothetical economy, potential GDP equals $9,200 billion. If real GDP equals $9,400 billion, then according to the table below, the cyclical surplus equals
a.
$320 billion.
b.
$40 billion.
c.
-$40 billion.
d.
$20 billion.
e.
$360 billion.

Question

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The Answer of Suppose, for a hypothetical economy, potential GDP equals $9,200 billion. If real GDP equals $9,400 billion, then according to the table below, the cyclical surplus equals
a.
$320 billion.
b.
$40 billion.
c.
-$40 billion.
d.
$20 billion.
e.
$360 billion.

Suppose, for a Hypothetical Economy, Potential GDP Equals $9,200 Billion