(Figure: Inflationary and Recessionary Gaps) Use Figure: Inflationary and Recessionary Gaps. Which equation measures a recessionary gap?
A) Y3 - Y1
B) Y3 - Y1.
C) Y3 - Y2
D) Y3 - Y2.
E) Y2 - Y1
F) Y2 - Y1.
G) Y3 - Y0
H) Y3 - Y0.
Correct Answer:
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