Which of These Changes Is Observed in an Economy When

question 145

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

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Definitions:

Non-native English

Refers to the use of the English language by speakers with different native languages.

Collaborative Partnerships

Cooperative relationships between different stakeholders (e.g., schools, parents, community organizations) aimed at achieving common educational goals.

U.S. Census Bureau

A federal agency responsible for collecting and analyzing data about the American people and economy.

Blended Families

Families formed by the merging of two previously separate units into a single household, which may include step-parents, step-siblings, and half-siblings.