Table 10-1 in Table 10-1, If Full Employment Occurs

question 179

Multiple Choice

Table 10-1 In Table 10-1, if full employment occurs at $3,100 billion, then

• A) the economy experiences a recessionary gap of $150 billion.
• B) the economy experiences a recessionary gap of $300 billion.
• C) the economy experiences an inflationary gap of $150 billion.
• D) the economy experiences an inflationary gap of $300 billion.

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