suppose the price level is 220, potential real GDP is $21.6 trillion, and actual real GDP is $21.8 trillion. we can concluded there is a(n) ___ gap and ___ will ____ until ___ is $21.6 trillion
Added by Esperanza R.
Step 1
Actual real GDP = $21.8 trillion and potential real GDP = $21.6 trillion, so actual − potential = $0.2 trillion (a positive gap). Show more…
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