Which gap will a sudden increase in the wages demanded by workers cause?an equilibrium gapan expansionary gapa recessionary gapan inflationary gap If GDP = 300, C=200, T= 50 and G = 40, what is national savings?105060100

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Which gap will a su O O OC an equilibrium expansiona a recessionary an inflationar

ENGR.ECONOMIC ANALYSIS

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Chapter1: Making Economics Decisions

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Question

Which gap will a sudden increase in the wages demanded by workers cause?
an equilibrium gap
an expansionary gap
a recessionary gap
an inflationary gap

If GDP = 300, C=200, T= 50 and G = 40, what is national savings?
10
50
60
100

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