Consumption Gross Government Real GDP (after taxes) Investment Net Exports Purchases $0 -$20 $10 $+5 $15 10 10 +5 15 40 20 10 +5 15 70 40 10 +5 15 100 60 10 +5 15 130 80 10 +5 15 160 100 10 +5 15 Refer to the table. If the full-employment real GDP Is $100, the

Consumption Gross Government Real GDP (after taxes) Investment Net Exports Purchases $0 -$20 $10 $+5 $15 10 10 +5 15 40 20 10 +5 15 70 40 10 +5 15 100 60 10 +5 15 130 80 10 +5 15 160 100 10 +5 15 Refer to the table. If the full-employment real GDP Is $100, the

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter11: Fiscal Policy

Section: Chapter Questions

Problem 1.4P

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Question

The image attached is what i need help with please

Consumption
Gross
Government
Real GDP (after taxes) Investment Net Exports Purchases
$0
-$20
$10
$+5
$15
10
10
+5
15
40
20
10
+5
15
70
40
10
+5
15
100
60
10
+5
15
130
80
10
+5
15
160
100
10
+5
15
Refer to the table. If the full-employment real GDP Is $100, the
Multiple Choice
Inflationary expenditure gap is $30.
Inflationary expenditure gap is $10.
recessionary expenditure gap Is $30.
recessionary expenditure gap is $10.

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