EBK ECONOMICS
5th Edition
ISBN: 8220106907184
Author: KRUGMAN
Publisher: YUZU
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Question
Chapter 32, Problem 6P
To determine
Recommendations of five different economists to counter a recessionary gap
Introduction: A recessionary gap is defined as a situation where the output of an economic region operates at an equilibrium level that is lower than the full employment level. It is an economic condition where the potential of the economy is not fully realized.
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