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If potential output for an economy equals $ 1 , 2 0 0 billion and actual output equals $ 1 , 1 5 0 billion,
If potential output for an economy equals $ billion and actual output equals $ billion, then this economy's output gap should be expressed as Multiple Choice percent. percent. percent. $ billion. If potential output for an economy equals $ billion and actual output equals $ billion, then this economy's output gap should be expressed as Multiple Choice percent. percent. percent. $ billion.
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