Positive output gap indicates that
A) the actual real GDP is above natural real GDP.
B) the actual real GDP is below natural real GDP.
C) nominal GDP is above real GDP.
D) nominal GDP is below real GDP.
Correct Answer:
Verified
Q2: During recent Global Economic Crises,consumers' real wealth
Q3: Ceteris paribus,bond price and bond yields are
A)inversely
Q4: The wealth effect refers to
A)the impact of
Q5: Teaser interest rates refer to
A)the initial rates
Q6: When actual real GDP is below natural
Q7: Financial markets are
A)institutions that make loans to
Q8: When actual real GDP is above natural
Q9: Funds are channeled from savers to borrowers
Q10: During recent Global Economic Crises,consumers' wealth in
Q11: Institutions that make loans to borrowers and
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