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Exhibit 11-8 -If the Economy Is at Point H in Exhibit 11-8

Question 55

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Exhibit 11-8 Exhibit 11-8 -If the economy is at point H in Exhibit 11-8, there is a(n) A) expansionary gap of $300 billion (i.e., $0.3 trillion) B) contractionary gap of $300 billion C) contractionary gap of 10 D) expansionary gap of 20 E) expansionary gap of 10
-If the economy is at point H in Exhibit 11-8, there is a(n)


A) expansionary gap of $300 billion (i.e., $0.3 trillion)
B) contractionary gap of $300 billion
C) contractionary gap of 10
D) expansionary gap of 20
E) expansionary gap of 10

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