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Statement I

question 200

Multiple Choice

Statement I.When there's a deflationary gap,equilibrium GDP is greater than full employment GDP.
Statement II: Full employment GDP is the level of spending necessary to purchase the output,or aggregate supply,of a fully employed economy.

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Geographic Information

Information that is related to a specific location on the Earth's surface, often used in mapping and spatial analysis.

Demographic Information

Data related to the statistical characteristics of populations, such as age, race, gender, income, etc., often used in marketing and planning.

Secondary Data

Information that has already been collected and analyzed by other sources, such as reports, studies, and databases, used for research or decision-making purposes.

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