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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