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:

Racism

Prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one's own race is superior.

Peer Pressure

The influence exerted by a peer group, encouraging individuals to change their attitudes, values, or behaviors to conform to group norms.

Bullying

Aggressive behavior among school-aged children that involves a real or perceived power imbalance.

Alcohol

A psychoactive substance commonly found in beverages like beer, wine, and spirits, known for its intoxicating effects.