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FIGURE 27-5 -Refer to Figure 27-5.This Economy Begins in Equilibrium with

Question 105

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FIGURE 27-5 -Refer to Figure 27-5.This economy begins in equilibrium with , and real GDP equal to potential GDP (with and ) .At this initial equilibrium,the money supply is ________,the interest rate is ________,the price level is ________,and real GDP is ________. A) $500 billion; 2%; 104; $800 billion B) $500 billion; 2%; 102; $805 billion C) $500 billion; 4%; 100; $800 billion D) $540 billion; 3%; 100; $800 billion E) $540 billion; 4%; 104; $805 billion FIGURE 27-5
-Refer to Figure 27-5.This economy begins in equilibrium with FIGURE 27-5 -Refer to Figure 27-5.This economy begins in equilibrium with , and real GDP equal to potential GDP (with and ) .At this initial equilibrium,the money supply is ________,the interest rate is ________,the price level is ________,and real GDP is ________. A) $500 billion; 2%; 104; $800 billion B) $500 billion; 2%; 102; $805 billion C) $500 billion; 4%; 100; $800 billion D) $540 billion; 3%; 100; $800 billion E) $540 billion; 4%; 104; $805 billion , FIGURE 27-5 -Refer to Figure 27-5.This economy begins in equilibrium with , and real GDP equal to potential GDP (with and ) .At this initial equilibrium,the money supply is ________,the interest rate is ________,the price level is ________,and real GDP is ________. A) $500 billion; 2%; 104; $800 billion B) $500 billion; 2%; 102; $805 billion C) $500 billion; 4%; 100; $800 billion D) $540 billion; 3%; 100; $800 billion E) $540 billion; 4%; 104; $805 billion and real GDP equal to potential GDP (with FIGURE 27-5 -Refer to Figure 27-5.This economy begins in equilibrium with , and real GDP equal to potential GDP (with and ) .At this initial equilibrium,the money supply is ________,the interest rate is ________,the price level is ________,and real GDP is ________. A) $500 billion; 2%; 104; $800 billion B) $500 billion; 2%; 102; $805 billion C) $500 billion; 4%; 100; $800 billion D) $540 billion; 3%; 100; $800 billion E) $540 billion; 4%; 104; $805 billion and FIGURE 27-5 -Refer to Figure 27-5.This economy begins in equilibrium with , and real GDP equal to potential GDP (with and ) .At this initial equilibrium,the money supply is ________,the interest rate is ________,the price level is ________,and real GDP is ________. A) $500 billion; 2%; 104; $800 billion B) $500 billion; 2%; 102; $805 billion C) $500 billion; 4%; 100; $800 billion D) $540 billion; 3%; 100; $800 billion E) $540 billion; 4%; 104; $805 billion ) .At this initial equilibrium,the money supply is ________,the interest rate is ________,the price level is ________,and real GDP is ________.


A) $500 billion; 2%; 104; $800 billion
B) $500 billion; 2%; 102; $805 billion
C) $500 billion; 4%; 100; $800 billion
D) $540 billion; 3%; 100; $800 billion
E) $540 billion; 4%; 104; $805 billion

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