The output gap is the
A. percentage deviation of real GDP from potential GDP.
B. difference between actual inflation and core inflation.
C. difference in graduation levels between high school and college.
D. percentage increase in the economic growth rate of real GDP.
Answer:A
The output gap is the
A. percentage deviation of real GDP from potential GDP. B. difference between actual inflation and core inflation. C. difference in graduation levels between high school and college. D. percentage increase in the economic growth rate of real GDP.