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    Principles of Economics
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    Exam 30: IS-MP Analysis: Interest Rates and Output
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    If Potential GDP Is $19
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If Potential GDP Is $19

Question 30

Question 30

Multiple Choice

If potential GDP is $19.04 trillion and actual GDP is $20.07 trillion, the output gap is:


A) 1.03%.
B) 5.13%.
C) 5.41%.
D) -1.03%.

Correct Answer:

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