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The Figure Given Below Represents the Leakages and Injections of an Economy

Question 15

Multiple Choice

The figure given below represents the leakages and injections of an economy. Figure 10.6 The figure given below represents the leakages and injections of an economy. Figure 10.6 In Figure 10.6, if 0L is the potential level of real GDP, then KL represents: A) excess GDP. B) real GDP. C) the multiplier effect. D) the GDP gap. E) the recessionary gap. In Figure 10.6, if 0L is the potential level of real GDP, then KL represents:


A) excess GDP.
B) real GDP.
C) the multiplier effect.
D) the GDP gap.
E) the recessionary gap.

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