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In macroeconomics, the output gap is the difference between A) output in the current year and output in the base year . B) output and

In macroeconomics, the "output gap" is the difference between

A) output in the current year and output in the base year

. B) output and employment.

C) potential real national income and actual real national income.

D) real GNP and real GDP

. E) real and nominal national income.

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