Multiple Choice
The table below provides macroeconomic data for a hypothetical economy.Dollar amounts are all in constant-dollar terms.
TABLE 19-1
-Refer to Table 19-1 What is the output gap in 2012?
A) $420 billion
B) $418 billion
C) -$2 billion
D) -$20 billion
E) $2 billion
Correct Answer:

Verified
Correct Answer:
Verified
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