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    Principles of Economics
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    Exam 30: IS-MP Analysis: Interest Rates and Output
  5. Question
    If Potential GDP Is $990 Billion and Actual GDP Is
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If Potential GDP Is $990 Billion and Actual GDP Is

Question 75

Question 75

Multiple Choice

If potential GDP is $990 billion and actual GDP is $990 billion, the output gap is:


A) zero.
B) positive.
C) negative.
D) increasing over time.

Correct Answer:

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