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    Exam 16: Inflation, Disinflation, and Deflation
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    The Difference Between Real GDP and Potential GDP Is Known
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The Difference Between Real GDP and Potential GDP Is Known

Question 176

Question 176

Multiple Choice

The difference between real GDP and potential GDP is known as the:


A) price gap.
B) unemployment gap.
C) output gap.
D) budget deficit.

Correct Answer:

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