A recessionary expenditure gap is the amount by which aggregate expenditures must increase in order to reach the full-employment level of GDP.

Name: A recessionary expenditure gap is the amount by which aggregate expenditures must increase in order to reach the full-employment level of GDP.
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A recessionary expenditure gap occurs when aggregate expenditures are less than what is needed to achieve full-employment GDP, requiring an increase in spending to close the gap.

A Recessionary Expenditure Gap Is the Amount by Which Aggregate