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Figure 9-4 ​

question 177

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Figure 9-4
Figure 9-4 ​   -In Figure 9-4, if the economy is in a recessionary gap, what must happen to reach potential GDP? A) The expenditure level must fall and/or the price level must rise. B) The expenditure level must rise and/or the price level must fall. C) The expenditure level must rise and/or the price level must rise. D) The expenditure level must fall and/or the price level must fall.
-In Figure 9-4, if the economy is in a recessionary gap, what must happen to reach potential GDP?

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Definitions:

Fear

An unpleasant emotion caused by the belief that someone or something is dangerous, likely to cause pain, or a threat.

Visible Actions

Behaviors or actions that are observable by others and can be seen as indicative of a person's character or intentions.

Learning Experience

An activity or process that leads to acquiring new knowledge, skills, attitudes, or values.

Cognitive Realms

Areas or aspects of mental processes and activities, including thinking, reasoning, and understanding.

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