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Reptor Reptor
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5 years ago
The output gap can best be described as
A) the percentage difference between real GDP and its potential.
B) the difference between GDP in the current year compared to the previous year.
C) the difference between a nation's GDP and that of the nation with the highest GDP.
D) the difference between GDP and its forecasted level.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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vehmeinvehmein
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5 years ago
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Reptor Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Helped a lot
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2 hours ago
You make an excellent tutor!
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