The output gap is the deviation of __________ output from ___________ output.
A) real, nominal
B) real, potential
C) actual, real
D) actual, potential

Name: The output gap is the deviation of __________ output from ___________ output. A) real, nominal B) real, potential C) actual, real D) actual, potential
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Question

Quizplus · Accepted Answer

The output gap is the deviation of actual output from potential output, indicating whether an economy is underperforming or overheating.

The Output Gap Is the Deviation of __________ Output from ___________

The Output Gap Is the Deviation of Output from _