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When Actual Output Is Less Than Potential Output, There Is

question 9

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When actual output is less than potential output, there is ________ output gap and the rate of inflation will tend to ________.


Definitions:

Conduction

The process through which heat or electricity is directly transmitted through a substance when there is a difference of temperature or electrical potential between adjoining regions, without movement of the material.

Geothermal Gradient

The rate at which temperature increases with depth into the subsurface.

Alpha Decay

A type of radioactive decay in which an atomic nucleus emits an alpha particle (2 protons and 2 neutrons), resulting in the formation of a new atom with a lower atomic number.

Heat Energy

A form of energy that is transferred between systems or objects with different temperatures, driving processes like evaporation and melting.

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