Examlex
Which two security features are available when implementing NTP? (Choose two.)
Expansionary Gap
A situation where the actual output in an economy is higher than the potential output, often leading to inflation.
Potential GDP
The maximum output an economy can achieve when all resources are used efficiently and effectively, without causing inflation.
Cost-Push Inflation
Inflation that occurs when the prices of inputs such as labor and raw materials go up, causing a reduction in the supply of these products.
Expansionary Gap
A condition where an economy's real GDP exceeds its potential GDP, leading to inflationary pressures.
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