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If Potential GDP for the Fourth Quarter of 2012 =

Question 39

Multiple Choice

If potential GDP for the fourth quarter of 2012 = $58.5 billion,and real GDP for the fourth quarter of 2012 = $53.7 billion,then the output gap was

A) -8.9%.
B) -8.2%.
C) 8.2%.
D) 8.9%.

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