When the Output Gap Is Positive, It Represents ________ Gap

question 54

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
• E) None of the above answers is correct.

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Definitions:

Strategic Business Units

Distinct parts of a company that operate as separate entities, each with its own mission, strategy, and competitors.

Marketing Dashboard

A visual display of important marketing metrics and information to help managers make informed decisions and track performance in real-time.

Marketing Objective

A specific goal that a company aims to achieve through its marketing efforts, such as increasing sales, brand recognition, or market share.

Marketing Plan

A strategic roadmap businesses use to organize, execute, and track their marketing strategy over a set period of time.