When Actual Output Equals Potential Output There Is ________ Output

question 132

Multiple Choice

When actual output equals potential output there is ________ output gap and the rate of inflation will tend to ________.

• A)an expansionary; increase
• B)an expansionary; decrease
• C)no; remain the same
• D)a recessionary; increase

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Definitions:

T. Aquaticus

A species of bacterium that thrives in hot environments and is a source of Taq polymerase, a key enzyme in PCR (polymerase chain reaction) technology.

Agrobacterium

A genus of bacteria known for its ability to transfer DNA to plant cells, widely used in genetic engineering to introduce new genes into plant genomes.

Extreme Halophiles

Organisms that thrive in highly saline environments, often found in salt lakes and evaporation ponds.

Salt

Compound that releases ions other than H+ and OH– when it dissolves in water.