Question: Question 54 There is an inflationary gap when (LO1) equilibrium GDP is equal to full-employment GDP ) equilibrium GDP is smaller than full-employment GDP equilibrium

is equal to full-employment GDP ) equilibrium GDP is smaller than full-employment

Question 54 There is an inflationary gap when (LO1) equilibrium GDP is equal to full-employment GDP ) equilibrium GDP is smaller than full-employment GDP equilibrium GDP is larger than full-employment GDP none of the above

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