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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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