suppose the actual GDP is $15 trillion & the potential real GDP is $18 trillion. If the MPS is…

/in /by

suppose the actual GDP is $15 trillion & the potential real GDP is $18 trillion. If the MPS is .03

What kind of GDP is this economy experiencing?

what kind fiscal policy & monetary policy would u recommend to eliminate the gap (include a graph to illustrate the relationship)

By how much the government should change taxes to eliminate the gap?

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