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    Exam 10: Aggregate Supply and Aggregate Demand
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    -Using the Data in the Above Table, in the Short-Run
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-Using the Data in the Above Table, in the Short-Run

Question 232

Question 232

Multiple Choice

  -Using the data in the above table, in the short-run macroeconomic equilibrium, there is A)  an inflationary gap of $1 trillion. B)  an inflationary gap of $2 trillion. C)  a recessionary gap of $1 trillion. D)  a recessionary gap of $2 trillion.
-Using the data in the above table, in the short-run macroeconomic equilibrium, there is


A) an inflationary gap of $1 trillion.
B) an inflationary gap of $2 trillion.
C) a recessionary gap of $1 trillion.
D) a recessionary gap of $2 trillion.

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