Advanced Placement (AP), 06.03.2020 21:43 amelvin41

The output gap is measured by which of the following? The difference between nominal and real GDP. A The difference between actual and potential GDP. B The difference between the expenditure side of GDP and the income side of GDP. C The difference between the actual rate of unemployment and the natural rate of unemployment. D The difference between the GDP deflator and the consumer price index in a given year.

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The output gap is measured by which of the following? The difference between nominal and real GDP. A...

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