8. (LO 2) The data in Table 4.14 are for the economy of Merton, which has a

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8. (LO 2) The data in Table 4.14 are for the economy of Merton, which has a natural rate of unemployment of 5 percent Calculate the size of the GDP gap. 2013: 2014:
2015:
Advanced (Problems 9–12)

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Principles Of Macroeconomics

ISBN: 9780226818399

8th Edition

Authors: Sayre, J.E.; Morris, A.J.

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