Arecessionary gap (sometimes referred to as a gdp gap) implies that:
a. aggregate demand exc...
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Business, 24.10.2019 17:43 dollar6219
Arecessionary gap (sometimes referred to as a gdp gap) implies that:
a. aggregate demand exceeds aggregate supply at the full-employment price level
b. inventories are being depleted faster than producers desire
c. the unemployment rate is falling
d. aggregate demand is less than aggregate supply at the full-employment price level
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