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Does Japan have an inflationary gap or a recessionary gap and what is its magnitude? ? Price level 75 85 95 105 115 125 135

Does Japan have an inflationary gap or a recessionary gap and what is its magnitude?

Price level 75 85 95 105 115 125 135 Real GDP Real GDP supplied in demanded the short run (trillions of 2007 yen) 600 400 550 450 500 500 450 550 400 600 350 650 300 700

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