posted by gil .
calculate the following recessionary gap =$18 mps=.10 mpc=.90
I calculated the recessionary gap and I got 45,236
huh?? What do you want to calculate? and have you presented all the information needed to solve ?
I need help with a hw question on macroeconomics...
What kind of monetary policy is the FED using now in Summer of 2007. Why is the FED using this type of policy? How does it expect this policy to bring about the desired effect on the economy.
Can you help me