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The Following Are Selected Statistics for a Given Year in a Hypothetical

Question 71

Multiple Choice

The following are selected statistics for a given year in a hypothetical economy:
The following are selected statistics for a given year in a hypothetical economy: -Refer to the information to answer this question.Which of the following statements is true? A) the GDP gap is $70 billion. B) the GDP gap is $21 billion. C) The potential GDP is $752.5 billion. D) Potential GDP is $770 billion.
-Refer to the information to answer this question.Which of the following statements is true? The following are selected statistics for a given year in a hypothetical economy: -Refer to the information to answer this question.Which of the following statements is true? A) the GDP gap is $70 billion. B) the GDP gap is $21 billion. C) The potential GDP is $752.5 billion. D) Potential GDP is $770 billion.


A) the GDP gap is $70 billion.
B) the GDP gap is $21 billion.
C) The potential GDP is $752.5 billion.
D) Potential GDP is $770 billion.

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