Question
You read that it is estimated the output gap in the USA economy is currently $900bn and that in April 2021 President Biden is proposing
You read that it is estimated the output gap in the USA economy is currently $900bn and that in April 2021 President Biden is proposing a $1900bn stimulus package of government spending. Relate the concept of the output gap to the natural rate of unemployment and what might happen if this package is implemented and why? include sources
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International Marketing
Authors: Philip R Cateora, John Graham, Mary Gilly
18th Edition
1260547876, 9781260547870
