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Figure 12-2 -Refer to Figure 12-2. If Real GDP Is Equal to Is

question 163

Multiple Choice

Figure 12-2 Figure 12-2   -Refer to Figure 12-2. If real GDP is equal to Y<sub>r</sub>, there is A)  an inflationary gap. B)  a recessionary gap. C)  equilibrium at full employment. D)  a short-run and a long-run equilibrium.
-Refer to Figure 12-2. If real GDP is equal to Yr, there is


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