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4 October, 20:52

It is evident that the nation is experiencing a recessionary gap when potential output is less than aggregate output. potential output is decreasing at a rate greater than aggregate output is increasing potential output is decreasing. aggregate output is less than potential output. aggregate output is greater than potential output.

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  1. 4 October, 21:11
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    A recessionary gap is condition wherein the economy is operating below the full capacity of its employment level. An indication that an economy is experiencing a recessionary gap is when

    aggregate output is less than potential output

    The answer is the 4th option.
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