Asked by Jay

If I'm graphing a PAE equation to determine the output gap and what type, say my Y is less than Y*.
Am I correct in thinking the output gap will be a negative number, which would contractionary?
Answered by economyst
What is a PAE equation.

(if PAE refers to Post-Autistic Economics, then I am afraid you are dealing with a new area of econ which I am unfamiliar with)
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