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Table 10-1 in Table 10-1, If Full Employment Occurs

Question 124

Multiple Choice

Table 10-1 Table 10-1 In Table 10-1, if full employment occurs at $3,100 billion, then A) the economy experiences a recessionary gap of $150 billion. B) the economy experiences a recessionary gap of $300 billion. C) the economy experiences an inflationary gap of $150 billion. D) the economy experiences an inflationary gap of $300 billion. In Table 10-1, if full employment occurs at $3,100 billion, then

A) the economy experiences a recessionary gap of $150 billion.
B) the economy experiences a recessionary gap of $300 billion.
C) the economy experiences an inflationary gap of $150 billion.
D) the economy experiences an inflationary gap of $300 billion.

Correct Answer: