How might the behaviour of firms differ during periods of negative and positive output gaps?

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Essential Economics For Business

ISBN: 9781292728940

7th Edition

Authors: John Sloman, Elizabeth Jones

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Question Posted: Mar 26, 2024 12:00 AM

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How might the behaviour of firms differ during periods of negative and positive output gaps?

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Periods of negative output gaps are associated with recessions or at least growth rates below trend ...View the full answer

Essential Economics For Business

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