Which of These Changes Is Observed in an Economy When

question 110

Multiple Choice

Which of these changes is observed in an economy when a recessionary gap is closed in the long run?

• A)An increase in the inflation rate and a decrease in the unemployment rate
• B)An increase in the level of output and a decrease in the price level
• C)An increase in both the rate of output and the price level
• D)A decrease in both the rate of output and the price level
• E)A decrease in the inflation rate and an increase in the unemployment rate

---

Definitions:

Trusting

The act or state of believing in the reliability, truth, ability, or strength of someone or something.

Recommendations

Suggestions or advice given based on analysis or expertise, often seen in consumer goods, entertainment, or software applications.

Trusted Folder

A directory on a computer that is designated as safe, where files and applications are allowed to execute without additional security checks.

Encrypting

The process of converting data or information into a code to prevent unauthorized access, ensuring data privacy and security.