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If Y~t<0\tilde { Y } _ { t } < 0

Question 94

Multiple Choice

If Y~t<0\tilde { Y } _ { t } < 0 , the macroeconomy is:


A) in an expansionary gap
B) at its potential level of output
C) in a recessionary gap
D) None of these answers are correct
E) Not enough information is given.

Correct Answer:

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