If the economy is in a recessionary gap, actual output will be _____ potential output.
A) below
B) the same as
C) above
D) in equilibrium with

Name: If the economy is in a recessionary gap, actual output will be _____ potential output. A) below B) the same as C) above D) in equilibrium with
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Question

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In a recessionary gap, the economy is operating below potential (full employment) output. Therefore, actual output will be below potential output.

If the Economy Is in a Recessionary Gap, Actual Output