A Negative GDP Gap Can Be Caused by Either a Decrease

question 25

True/False

A negative GDP gap can be caused by either a decrease in aggregate demand or a decrease in
aggregate supply.

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Definitions:

Heart Attacks

A medical condition caused by the blockage of blood flow to the heart muscle, often resulting in chest pain and potentially fatal if not treated promptly.

Stroke

A medical emergency involving the interruption of blood supply to a part of the brain, causing cell damage and possibly resulting in loss of functions.

Carbohydrates

Organic substances such as sugars, starches, and fibers, which are vital energy sources in our diet.

Inorganic Compounds

Chemical substances that do not contain both carbon and hydrogen, exhibiting a wide range of physical and chemical properties.