Question: When actual output equals potential output, there is _ _ _ _ _ _ output gap and the inflation rate will _ _ _ _

When actual output equals potential output, there is ______ output gap and the inflation rate will ____.
Multiple Choice
an expansionary; exceed the expected rate of inflation
an expansionary; be lower than the expected rate of inflation
no; be equal to the expected rate of inflation
a recessionary; exceed the expected rate of inflation
When actual output equals potential output, there

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