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Which of the Following Is Not True When There Is

Question 103

Multiple Choice

Which of the following is not true when there is an inflationary gap?


A) ​Real output exceeds the natural level of real output.
B) ​Employment exceeds full employment.
C) ​Unemployment exceeds the natural rate of unemployment.
D) ​All of the above are not true when there is an inflationary gap.

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