An Inflationary Output Gap Would Generate Which of the Following

question 70

Multiple Choice

An inflationary output gap would generate which of the following conditions in the economy?

• A)There is an unusually small demand for labour.
• B)Workers have a relatively large amount of bargaining power with employers.
• C)Firms are making low profits.
• D)There is much idle capacity.
• E)There is downward pressure on wages.

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Likely or liable to be influenced or harmed by a particular condition or disease.

Bacteria

Microscopic, single-celled organisms that inhabit virtually every environment on Earth, including soil, water, and living organisms.

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A type of virus that causes influenza, characterized by respiratory symptoms, fever, and aches.