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What is an Expansionary Gap? - Identifying an Economy That is Above Potential - Video & Lesson Transcript | Study.com
![Expansionary and Recessionary Gaps) Answer questions a. through f on the basis of the following graph: a. If the actual price level exceeds the expected price level reflected in long-term contracts, real Expansionary and Recessionary Gaps) Answer questions a. through f on the basis of the following graph: a. If the actual price level exceeds the expected price level reflected in long-term contracts, real](https://content.bartleby.com/tbms-images/9781337000529/Chapter-10/images/html_00529-10-2-3p_image001.jpg)
Expansionary and Recessionary Gaps) Answer questions a. through f on the basis of the following graph: a. If the actual price level exceeds the expected price level reflected in long-term contracts, real
![What is an Expansionary Gap? - Identifying an Economy That is Above Potential - Video & Lesson Transcript | Study.com What is an Expansionary Gap? - Identifying an Economy That is Above Potential - Video & Lesson Transcript | Study.com](https://study.com/cimages/videopreview/screen_shot_2013-05-13_at_6.50.04_pm_107280.jpg)