Examlex
Which of the following best represents a moral dilemma?
Multiplier
An economic factor that quantifies the additional effect on income or output resulting from an injection of spending.
Deflationary Gap
A situation in economics where actual production is lower than the potential output level, often resulting in unemployment and unused productive capacity.
Equilibrium GDP
The level of Gross Domestic Product where aggregate supply equals aggregate demand in an economy.
Full Employment GDP
The output level produced by the economy when all available resources are efficiently employed, representing potential GDP under full employment.
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