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Indicate whether the following statement is True, False or Uncertain. You must provide a brief explanation for your answer. (Marks are only given for your
Indicate whether the following statement is True, False or Uncertain. You must provide a brief explanation for your answer. (Marks are only given for your explanation if your answer is correct.) Defining Y, as current output, Y, as potential output, and Y, as short-run fluctuations, the text uses the following equation to measure the fluctuations component of output: Y - Y Y = Note that your answer must start with True, False or Uncertain, followed by a short explanation
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