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An economy has a negative output gap when: A.Actual GDP is greater than potential GDP B.Actual GDP is lower than potential GDP C.Actual GDP growth
An economy has a negative output gap when:
A.Actual GDP is greater than potential GDP
B.Actual GDP is lower than potential GDP
C.Actual GDP growth is greater than potential GDP growth
D.Actual GDP growth is lower than potential GDP growth
E.B and D
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