Diagrammatically represent an economy in (a) an inflationary gap (b) a recessionary gap (c) long-run equilibrium.

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Diagrammatically represent an economy in

(a) an inflationary gap

(b) a recessionary gap

(c) long-run equilibrium.


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Economics

ISBN: 978-1133561675

11th edition

Authors: Roger A. Arnold

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