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26 Aug 2018
31) A recessionary gap is the amount by which A) potential GDP exceeds real GDP. B) demand will increase to achieve full employment at a given price level. the supply curve must increase to achieve full employment at a given price level. D) real GDP exceeds potential GDP. E) the price level must adjust to achieve full employment.
31) A recessionary gap is the amount by which A) potential GDP exceeds real GDP. B) demand will increase to achieve full employment at a given price level. the supply curve must increase to achieve full employment at a given price level. D) real GDP exceeds potential GDP. E) the price level must adjust to achieve full employment.
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