Business, 10.09.2019 04:30 andrethisman88

If potential output equals 3,000 and short-run equilibrium output equals 3,500, there is a(n) gap and the federal reserve must real interest rates in order to close the gap.
a. recessionary; raise b. recessionary; lower c. recessionary; not change d. expansionary; raise

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If potential output equals 3,000 and short-run equilibrium output equals 3,500, there is a(n) gap a...