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    Macroeconomics Study Set 9
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    Exam 9: Business Cycles
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    If the Output Gap Is Greater Than Zero,real GDP Is
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If the Output Gap Is Greater Than Zero,real GDP Is

Question 31

Question 31

Multiple Choice

If the output gap is greater than zero,real GDP is ________ potential GDP,and the economy will ________ to reach full employment.


A) greater than; expand
B) greater than; contract
C) less than; expand
D) less than; contract

Correct Answer:

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