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AP Macroeconomics
Unit 3 – National Income and Price Determination
Topic 3.7
What does a recessionary gap represent in the economy?
A situation where the economy is producing at its full employment level
A situation where the economy is producing above its full employment level
A situation where the economy is producing beyond its production possibilities frontier
A situation where the economy is producing below its full employment level
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AP Macroeconomics - 3.7 Long-Run Self-Adjustment
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Recessionary Gap
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About Us
About Fiveable
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Careers
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Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
Report an Issue
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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