A Ragged Array Is

question 17

Multiple Choice

A ragged array is:

• A) a two-dimensional array for which the number of rows is unknown
• B) a one-dimensional array for which the number of elements is unknown
• C) a two-dimensional array where the rows are of different lengths
• D) There is no such thing as a ragged array

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Definitions:

Real GDP

Real Gross Domestic Product, which factors in inflation to evaluate the total value of goods and services produced by an economy in actual terms.

Expansionary Gap

A situation where the actual output of an economy exceeds the potential output, often leading to increased inflation.

Self-correction

The process by which market mechanisms adjust to eliminate economic imbalances, leading to the restoration of equilibrium without external intervention.

Real Wages

Wages adjusted for inflation, reflecting the true purchasing power of income earned from labor.