Question: An output gap is Question content area bottom Part 1 A. positive if real GDP is below potential GDP. B. negative during a recession. C.
An output gap is Question content area bottom Part 1 A. positive if real GDP is below potential GDP. B. negative during a recession. C. positive during an recession. D. positive during an expansion. E. negative if real GDP is below potential GDP.The handsminusoff camp generally believes that Question content area bottom Part 1 A. government is part of the solution. B. socialism is better than capitalism. C. macroeconomic and microeconomic outcomes are different. D. supply creates its own demand. E. markets fail to quickly selfminusadjust
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