The Self-Correcting Tendency of the Economy Means That Rising Inflation

question 151

Multiple Choice

The self-correcting tendency of the economy means that rising inflation eventually eliminates:

• A)expansionary gaps.
• B)recessionary gaps.
• C)exogenous spending.
• D)unemployment.

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Definitions:

Disney

An American multinational entertainment and media conglomerate, known for its film studio, theme parks, and an array of media networks and products.

Holdings

Assets or properties owned by an individual or company, often used in the context of financial portfolios or the collections of libraries and museums.

Media Conglomerates

Large corporations that own a wide variety of media entities across television, publishing, movies, and the internet.

Century

A period of one hundred years, often used as a measure of historical time.