Question: Use the data in the tables below to answer the question. Country C Country D $1.632 trillion in GDP (PPP) $2.227 trillion in GDP (PPP)

Use the data in the tables below to answer the question.

Country C Country D

$1.632 trillion in GDP (PPP) $2.227 trillion in GDP (PPP)

$45,600 per capita GDP $17,500 per capita GDP

inflation 1.1% UE rate 6.9% inflation 2.7% UE rate 4.4%

Given the data for country C and country D in the table above which country is more likely to be to the right of their long run macroeconomic equilibrium?

Explain.

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