Inflationary and Recessionary Gaps Are Always Eliminated Automatically Through Changes

question 70

True/False

Inflationary and recessionary gaps are always eliminated automatically through changes in aggregate demand.

---

Definitions:

Counterproposal

A response to a proposal with an alternative offer or terms.

Prima Facie

A term meaning "on its face" or "at first glance," used to describe evidence that is sufficient to prove a fact unless contradicted by further evidence.

Employment Discrimination

Unequal treatment of employees or job applicants on the basis of race, color, national origin, religion, gender, age, or disability; prohibited by federal statutes.

Interviews

Structured conversations where questions are asked to assess the qualifications, abilities, or opinions of the interviewees.