If the potential output of an economy is worth 440 billion


If the potential output of an economy is worth $440 billion and the actual output during a particular year was $435 billion, the output gap is?

A) -1.14 percent

B) 2.2 percent

C) -5 percent

D) 1.1 percent

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Business Economics: If the potential output of an economy is worth 440 billion
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