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    Macroeconomics Study Set 48
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    Exam 12: Aggregate Demand and Aggregate Supply
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    Potential Real GDP Is $10,000 and the Current Level of Real
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Potential Real GDP Is $10,000 and the Current Level of Real

Question 253

Question 253

Multiple Choice

Potential real GDP is $10,000 and the current level of real GDP is $9,000. The output gap is therefore _____%.


A) -90
B) -110
C) -10
D) 10

Correct Answer:

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