So They Lied To Me - Screen 14 on FlowVella - Presentation Software for Mac iPad and iPhone

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When the unemployment rate is greater than full employment, we have a GDP gap

A GDP gap means we are earning and producing less than we could be. GDP gaps are also referred to as Output gaps.

GDP Gap = actual output - potential output

(economics help.org, 11/20/15)

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So They Lied To Me

By Sami Schmitt

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