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Economics (AS & A Level) · May / June 2022 · Paper 33 · Question 24

9708Economic growth and sustainability

What is most likely to be found in an economy with a positive output gap?

  1. Aa higher potential than actual GDP
  2. Bhigh unemployment
  3. Cinflation
  4. Dlow labour costs

As printed in the paper

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Correct answer: C. inflation

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