When the Output Gap Is Positive, It Represents ________ Gap

question 193

Multiple Choice

When the output gap is positive, it represents ________ gap, and when it is negative, it represents ________ gap.

• A) a recessionary; an inflationary
• B) an inflationary; an employment
• C) an inflationary; a recessionary
• D) an employment; an unemployment

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Definitions:

Empty-nest Syndrome

A feeling of sadness or emotional distress affecting parents when their children leave home for the first time, such as to live on their own or attend college.

Sandwich Generation

People in middle adulthood who are responsible for meeting the needs of their children yet also responsible for aging parents.

Philophobia

The fear of falling in love or emotional attachment.

Midlife Crisis

A psychological crisis which occurs in middle age, characterized by emotional distress and a desire for change.