If current output is billion and potential output
Billion, then the economy is in a ________ and
Is about ________ percent.
A) recessionary gap; -4.7
B) boom; 4.7
C) boom; -4.7
D) recessionary gap; -5
E) boom; 5

Question

If current output is  billion and potential output 
Billion, then the economy is in a ________ and 
Is about ________ percent.
A) recessionary gap; -4.7 
B) boom; 4.7 
C) boom; -4.7 
D) recessionary gap; -5 
E) boom; 5

Quizplus · Accepted Answer

The Answer of If current output is  billion and potential output 
Billion, then the economy is in a ________ and 
Is about ________ percent.
A) recessionary gap; -4.7 
B) boom; 4.7 
C) boom; -4.7 
D) recessionary gap; -5 
E) boom; 5

If Current Output Is Billion and Potential Output