Try another version of these questions The graph below shows the AD-AS diagram for Mexico.
What type of the GDP gap is observed in Mexico? Hint Box 1: Select the best answer The graph below shows the AD-AS diagram for the US.
What type of fiscal policy should the government of the US be implementing to bring the economy to the long-run equilibrium? Hint Box 1: Select the best answer The graph below shows the AD-AS diagram for Mexico.
How big is the recessionary gap? Hint Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 The graph below shows the AD-AS diagram for Slovenia.
Suppose that the government expenditure multiplier is equal to 4. By how much should the government increase government expenditures (G) in order to close this recessionary gap? Hint Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 The graph below shows the AD-AS diagram for Brazil.
How big is the inflationary gap? Hint Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 The graph below shows the AD-AS diagram for Norway.
Suppose that the government expenditure multiplier is equal to 4. By how much should the government decrease government expenditures (G) in order to close this inflationary gap? Hint Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity