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Title: If the equilibrium level of GDP is $1,500 billion and the economy's full-employment output is ...
Post by: sgy_89 on May 26, 2017
If the equilibrium level of GDP is $1,500 billion and the economy's full-employment output is $1,000 billion, a recessionary gap of $500 billion exists.
 ( T / F )?


Title: Re: If the equilibrium level of GDP is $1,500 billion and the economy's full-employment output is ...
Post by: Vila on May 26, 2017
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