If the equilibrium level of GDP is $1,500 billion and the economy's full-employment output is ...

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If the equilibrium level of GDP is $1,500 billion and the economy's full-employment output is ...

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.
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Introduction to Economic Reasoning

Edition: 8^th

Author: Rohlf

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sgy_89 Author

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7 years ago

Thanks

sadiewolf

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Yesterday

Thank you, thank you, thank you!

Lawson1981

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Thanks for your help!!

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