The following table shows real GDP and potential real GDP for the years 2005-2015. Refer to this table when answering the following questions.
Table 10.1 ($ billions) (Source: Federal Reserve Economic Data, St. Louis Federal Reserve)
-About how much did short-run output fluctuations equal in 2005 and 2009, respectively?
A) -0.3 percent; -2.4 percent
B) 0.22 percent; -6.4 percent
C) -33 percent; 323.1 percent
D) 86.1 percent; 83.8 percent
E) Not enough information is given.

Question

The following table shows real GDP and potential real GDP for the years 2005-2015. Refer to this table when answering the following questions.
Table 10.1 ($ billions)  (Source: Federal Reserve Economic Data, St. Louis Federal Reserve)
-About how much did short-run output fluctuations equal in 2005 and 2009, respectively?
A) -0.3 percent; -2.4 percent 
B) 0.22 percent; -6.4 percent 
C) -33 percent; 323.1 percent 
D) 86.1 percent; 83.8 percent 
E) Not enough information is given.

Quizplus · Accepted Answer

The Answer of The following table shows real GDP and potential real GDP for the years 2005-2015. Refer to this table when answering the following questions.
Table 10.1 ($ billions)  (Source: Federal Reserve Economic Data, St. Louis Federal Reserve)
-About how much did short-run output fluctuations equal in 2005 and 2009, respectively?
A) -0.3 percent; -2.4 percent 
B) 0.22 percent; -6.4 percent 
C) -33 percent; 323.1 percent 
D) 86.1 percent; 83.8 percent 
E) Not enough information is given.

The Following Table Shows Real GDP and Potential Real GDP