Question

14. The difference between Actual (Real) and
potential
, GDP is called :
*
O (a) GDP Gap
O
(b) Less than full employment GDP
(c) More than full employment GDP

(d) None of these ​

Answer 1

Answer:

the actual answer is

OUTPUT GDP

Explanation:

Gross Domestic Product is a measure of the value of all of the goods and services produced in the economy in a given period. ... The difference between the level of real GDP and potential GDP is known as the output gap.