Under what circumstances would sustainable output (i.e. a zero output gap) move further away from the full-capacity
Question:
Under what circumstances would sustainable output (i.e. a zero output gap) move further away from the full-capacity output ceiling shown in Figure 10.6 in the textbook?
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If the level of equilibrium unemployment in the economy rose see section ...View the full answer
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Related Book For 
Essential Economics For Business
ISBN: 9781292728940
7th Edition
Authors: John Sloman, Elizabeth Jones
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