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If the Economy Is at Equilibrium Below Potential Output, There

question 31

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If the economy is at equilibrium below potential output, there is a(n) _____ gap, and _____ fiscal policy is appropriate.


Definitions:

Puberty

The developmental stage in humans during which children develop secondary sexual characteristics and reach sexual maturity.

Personality

The combination of characteristics or qualities forming an individual's distinctive character and behavioral patterns.

Unconscious

The part of the mind that is not within thought's immediate reach and that contains desires, wishes, and motivations unknown to the individual.

Preconscious

represents thoughts and feelings that are not immediately in consciousness but can be accessed through attention or stimuli.

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