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If aggregate output for current employment is at economic capacity, does a GDP gap exist? A.Yes,an inflationary gap. B.Yes, a recessionary gap. C.No,a GDP gap
- If aggregate output for current employment is at economic capacity, does a GDP gap exist?
A.Yes,an inflationary gap.
B.Yes, a recessionary gap.
C.No,a GDP gap does not exist.
D.Not enough information given.
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