MACROECONOMIC QUESTIONS

Macroeconomic Questions



Macroeconomic Questions

Question 1

The first question is related to the gap crisis in the economy. It was seen in the question itself, that the figures had a gap in the GDP values. The projected GPP figure value was $175 billion and the real GDP figure is $150 billion. This is not an ideal state for any economy. The reason is that that when the GDP figure of the country is low, it means that the country is not operating at a potential level which can contribute positively towards the economy. The country would never have a proper employment ...