An Inflationary GDP Gap Is the Amount by Which ________

question 19

Multiple Choice

An inflationary GDP gap is the amount by which ________ exceeds ________.

• A)potential GDP;actual GDP
• B)equilibrium output;actual output
• C)full-employment GDP;potential GDP
• D)equilibrium GDP;full-employment GDP

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Definitions:

Left Ventricle

The chamber of the heart that pumps oxygenated blood out to the body through the aorta.

Systolic Pressure

The pressure in the arteries when the heart beats and the ventricles are pumping blood.

Aneroid Sphygmomanometer

A type of blood pressure monitor that uses a gauge without liquid (aneroid) to measure blood pressure.

Axillary Thermometer

A thermometer designed for measuring body temperature by placing it in the armpit (axillary area).