![Latest Data Revisions Show Nominal GDP Gap Started to Close in Q3 - Economic News, Analysis, and Discussion Latest Data Revisions Show Nominal GDP Gap Started to Close in Q3 - Economic News, Analysis, and Discussion](https://www.thestreet.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cg_faces:center%2Cq_auto:good%2Cw_768/MTcxNjkzNzI4NzUwODM4ODYz/image-placeholder-title.png)
Latest Data Revisions Show Nominal GDP Gap Started to Close in Q3 - Economic News, Analysis, and Discussion
![What Do Today's GDP Numbers Tell Us About the Output Gap? | Committee for a Responsible Federal Budget What Do Today's GDP Numbers Tell Us About the Output Gap? | Committee for a Responsible Federal Budget](https://crfb.org/sites/default/files/blog-image/Screen%20Shot%202020-12-24%20at%2011.48.12%20AM.png)
What Do Today's GDP Numbers Tell Us About the Output Gap? | Committee for a Responsible Federal Budget
![A shift from AD1 to AD2 in Figure will a) Worsen the existing unemployment problem. b) Reduce, but not close, the GDP gap. c) Cause significant inflation. d) Eliminate the GDP gap. A shift from AD1 to AD2 in Figure will a) Worsen the existing unemployment problem. b) Reduce, but not close, the GDP gap. c) Cause significant inflation. d) Eliminate the GDP gap.](https://homework.study.com/cimages/multimages/16/capture8073778903027835568.jpg)
A shift from AD1 to AD2 in Figure will a) Worsen the existing unemployment problem. b) Reduce, but not close, the GDP gap. c) Cause significant inflation. d) Eliminate the GDP gap.
![GDP output gap in %, 2010-2016, selected euro-area Member States | Epthinktank | European Parliament GDP output gap in %, 2010-2016, selected euro-area Member States | Epthinktank | European Parliament](https://i0.wp.com/epthinktank.eu/wp-content/uploads/2016/09/gdp-output-gap-in-percentage.png?ssl=1)
GDP output gap in %, 2010-2016, selected euro-area Member States | Epthinktank | European Parliament
![PDF] An Analysis of Factors Affecting the Variation of GDP Gap by a Decomposition Method | Semantic Scholar PDF] An Analysis of Factors Affecting the Variation of GDP Gap by a Decomposition Method | Semantic Scholar](https://d3i71xaburhd42.cloudfront.net/df1056ba48a52e9093988e6ed1c7e3239fe7ad28/2-Figure1.1-1.png)