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2.5.2 Output gaps

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Question 2

Explain what is meant by a positive output gap and describe what this indicates about the utilisation of resources within that economy.

[2]
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2.5.2 Output gaps Questions

  1. A Level
  2. /Economics
  3. /2.5.2 Output gaps

4 exam-style questions on Edexcel A A Level Economics 2.5.2 Output gaps. Each one has a worked solution and a mark scheme showing where the marks go.

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