Home /
Expert Answers /
Economics /
14-gdp-in-the-long-run-is-determined-by-gdp-in-the-short-run-is-determined-by-a-investment-the-pa654
(Solved):
14. GDP in the long run is determined by GDP in the short run is determined by a. Investment; the ...
14. GDP in the long run is determined by GDP in the short run is determined by a. Investment; the money supply d. Interest rates; the production function b. Savings; the quantity equation e. Government purchases; the matching c. Technology and input factors; the sum of all function expenditures
19. According to the Figure below, since the 2008 recession short-run output, \( \tilde{Y}_{t} \), has been and it has reached in \( 2017 . \) d. Negative; zero a. positive; potential output e. Above potential output; the b. increasing; actual output golden rule c. decreasing; a steady state