The Gap Between Potential GDP and Real GDP Had Been

question 300

Multiple Choice

The gap between potential GDP and real GDP had been as large as 7 percent during the worst of the 2007-2009 recession.By 2015,the gap

• A)had been eliminated.
• B)was still nearly 3 percent.
• C)remained at 7 percent.
• D)was positive,with real GDP exceeding potential GDP.

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