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  3. Study Set
    Macroeconomics Study Set 68
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    Exam 9: Business Cycles, Unemployment, and Inflation
  5. Question
    A Large Negative GDP Gap Implies
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A Large Negative GDP Gap Implies

Question 292

Question 292

Multiple Choice

A large negative GDP gap implies


A) an excess of imports over exports.
B) a low rate of unemployment.
C) a high rate of unemployment.
D) a sharply rising price level.

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