When There Is a Recessionary Gap in the Economy,what Is

Multiple Choice

When there is a recessionary gap in the economy,what is happening to real output in relation to the natural level of output?

A) Real output may exceed or may be less than the natural level of output.
B) Real output is less than the natural level of output.
C) Real output is equal to the natural level of output.
D) Real output exceeds the natural level of output.