Question
The amount by which aggregate expenditures at the full-employment GDP fall short to achieve fullemployment GDP is known as A. the GDP gap. B. an
The amount by which aggregate expenditures at the full-employment GDP fall short to achieve fullemployment GDP is known as A. the GDP gap. B. an expansionary expenditure gap. C. the real wage gap. D. a recessionary expenditure gap.
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
