If the Economy Is in Equilibrium with Real GDP Less

question 208

Multiple Choice

If the economy is in equilibrium with real GDP less than potential GDP,there is ________ gap and a fiscal policy that ________ is appropriate.

• A)an inflationary;increases aggregate demand
• B)an inflationary;decreases aggregate demand
• C)a recessionary;increases aggregate demand
• D)a recessionary;decreases aggregate demand
• E)a recessionary;increases potential GDP

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A sovereign state that is recognized as having two distinct nationalities within its population or governance.

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A policy or practice within institutions that promotes the recognition, appreciation, and support of cultural diversity.

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An individual's sense of belonging to a particular ethnic group, including aspects of culture, tradition, language, and religion.

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