When the Price Level Is Rising And, Simultaneously, Real GDP

question 16

Multiple Choice

When the price level is rising and, simultaneously, real GDP is decreasing,

• A)the natural unemployment rate is rising.
• B)the natural unemployment rate is falling.
• C)stagflation is occurring.
• D)the economy is experiencing an expansionary gap.
• E)potential GDP is decreasing.

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Definitions:

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A term often used to describe a totally unresponsive or non-functional electronic device or system.

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The process of discharging and then fully charging a rechargeable battery, used to maximize the battery's lifespan.

Gelled Electrolyte

A type of battery electrolyte that uses a gel substance, enhancing battery stability and reducing the likelihood of leakage.

Maintenance-free

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