-Refer to the above diagram.If the full-employment level of GDP is B and aggregate expenditures are at AE3,the:
A) inflationary expenditure gap is ed.
B) inflationary expenditure gap is BC.
C) recessionary expenditure gap is eg.
D) economy is in equilibrium,but at less than full employment.
Correct Answer:
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Q93: A recessionary expenditure gap exists if
A)planned investment
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A)
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