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Economics

If the economy is in a recessionary gap, what must happen to reach potential GDP.

a. The expenditure level must fall and the price level must rise

b. The expenditure level must rise and the price level must fall

c. The expenditure level must rise and the price level must rise

d. the expenditure level must fall and the price level must fall

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91230676

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