Le the figure below to swer the following questions. Price level (GDP deflator, 2002-100 SAS 0 320 360 400 440 480 520 Real GDP billions of 2002 dollars Figure 26.3.1 3) Refer to Figure 26.3.1. Econoworld is at its short-run macroeconomic equilibrium. There is a difference between_ _real GDP and potential GDP of $__ billion A) above full-employment equilibrium; 20 B) below full-employment equilibrium; 40 below full-employment equilibrium; 20 D) above full-employment equilibrium; 40 E) full-employment equilibrium; O

Question

Real GDP = DI	Closed Economy AE = C +I	Imports	Exports	Net Exports (NX)	Open Economy AE = C+I+NX
$200	$240	$30	$20
250	280	$30	$20
300	320	$30	$20
350	360	$30	$20
400	400	$30	$20
450	440	$30	$20
500	480	$30	$20
550	520	$30	$20

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