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    Exam 8: Skating to Where the Puck Is Going: Aggregate Supply and Aggregate Demand
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    The Language of Output Gaps - Recessionary Gaps and Inflationary
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The Language of Output Gaps - Recessionary Gaps and Inflationary

Question 136

Question 136

True/False

The language of output gaps - recessionary gaps and inflationary gaps - applies only to outcomes of demand shocks.

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