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-Consider Figure 9

Question 71

Multiple Choice

-Consider Figure 9.1.The dashed line is potential output and the solid line is current output;therefore, A) areas a and b are booms. B) area b represents an economic boom,and area a is a recession. C) the economy is in neither a recession nor a boom in areas a and b. D) area a represents an economic boom,and area b is a recession.
-Consider Figure 9.1.The dashed line is potential output and the solid line is current output;therefore,


A) areas a and b are booms.
B) area b represents an economic boom,and area a is a recession.
C) the economy is in neither a recession nor a boom in areas a and b.
D) area a represents an economic boom,and area b is a recession.

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