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The Gap Between Potential GDP and Real GDP Had Been

Question 205

Multiple Choice

The gap between potential GDP and real GDP had been as large as 7 percent during the worst of the 2007-2009 recession.By 2015,the gap


A) had been eliminated.
B) was still nearly 3 percent.
C) remained at 7 percent.
D) was positive,with real GDP exceeding potential GDP.

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