Which of the Following Can Eliminate a Recessionary GDP Gap,ceteris

question 70

Multiple Choice

Which of the following can eliminate a recessionary GDP gap,ceteris paribus?

• A)An increase in consumption expenditure.
• B)A decrease in investment.
• C)An increase in saving.
• D)A decrease in government spending.

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Definitions:

Inception

The beginning or start of something, particularly an idea or project.

Slack

Excess capacity or time available in a system, often seen as a buffer to accommodate unforeseen circumstances.

Schedule

A plan for carrying out a process or procedure, listing the times at which specific events are intended to occur.

Articulating

The act of clearly expressing an idea, thought, or feeling through speech or writing.