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    Exam 9: Business Cycles, Unemployment, and Inflation
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    The GDP Gap Measures the Amount by Which
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The GDP Gap Measures the Amount by Which

Question 34

Question 34

Multiple Choice

The GDP gap measures the amount by which:


A) Nominal GDP exceeds real GDP
B) Actual GDP exceeds equilibrium GDP
C) Potential GDP exceeds actual GDP
D) Actual GDP exceeds national income

Correct Answer:

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