The last part of the test will all be addressed together as…
The last part of the test will all be addressed together as one piece. You may use the calculator on the computer as needed. Consider an economy with the following data. This economy is identical to the United States Economy in every single way. You are tasked with assisting the Federal Government and the Federal Reserve in designing policy to affect this economy. Final Exam Essay Question Part One (12 Points): What is Real GDP for each year? (There are 4 years. Years are worth 3 points each.)
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