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Refer to the Above Diagram

question 5

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  Refer to the above diagram.If the full-employment level of GDP is B and aggregate expenditures are at AE<sub>3</sub>, the: A) inflationary GDP gap is BC. B) recessionary GDP gap is BC. C) recessionary GDP gap is AB. D) inflationary expenditure gap is ed. Refer to the above diagram.If the full-employment level of GDP is B and aggregate expenditures are at AE3, the:


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