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If real GDP is less than potential GDP, which of the following equilibrium descr...

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If real GDP is less than potential GDP, which of the following equilibrium describes the economy's situation?

The economy is at an above full-employment equilibrium.

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The economy is not in a short-run equilibrium.

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The economy is at a below full-employment equilibrium.

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The economy is at a full-employment equilibrium.

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The economy is at a long-run equilibrium.

❌

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