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    Exam 10: Aggregate Supply and Aggregate Demand
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    An Inflationary Gap Is Occurs When
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An Inflationary Gap Is Occurs When

Question 101

Question 101

Multiple Choice

An inflationary gap is occurs when


A) real GDP is less than potential GDP.
B) real GDP exceeds potential GDP.
C) real GDP equals potential GDP.
D) the economy is at full employment.

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