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Use the Figure Below to Answer the Following Questions

question 75

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 26.3.5 -Refer to Figure 26.3.5. At point B the economy has A) an inflationary gap with real GDP in excess of potential GDP. B) an inflationary gap with real GDP less than potential GDP. C) a recessionary gap with real GDP in excess of potential GDP. D) a recessionary gap with real GDP less than potential GDP. E) neither an inflationary gap nor a recessionary gap.
Figure 26.3.5
-Refer to Figure 26.3.5. At point B the economy has

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