Refer to the following table. What was the approximate output gap in 1983?Year19801981198219831984Real GDP (billions of $)175182189196202Potential GDP (billions of $)179185188194198O 1% 0.5%O 2%-2.2% solutionspile.com

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Refer to the following table. What was the approximate output gap in 1983?Year19801981198219831984Real GDP (billions of $)175182189196202Potential GDP (billions of $)179185188194198O 1% 0.5%O 2%-2.2%  solutionspile.com

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