When the Economy Is Producing Output Above the Potential, It

question 197

Multiple Choice

When the economy is producing output above the potential, it has:

• A) a Keynesian gap.
• B) falling wages.
• C) a recessionary gap.
• D) an inflationary gap.

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Definitions:

Link

In computing, a reference that points to another document or a specific part of a document, commonly used on the web.

Header File

A file containing C or C++ declarations and macro definitions to be shared between several source files or to make them available to a large code base.

#include

A preprocessor directive in C/C++ used to include the contents of a file or library in a program before compilation.

Fabs

fabs is a mathematical function in C that computes the absolute value of a floating-point number.