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:

Antibodies

Substances formed by white blood cells that recognize and destroy antigens.

Antigens

Foreign substances that induce an immune response in the body, especially the production of antibodies.

Psychological Hardiness

A personality trait characterized by resilience, commitment, control, and acceptance of challenges.

Aggression

Behaviors or attitudes that may be directed towards others or oneself, embodying actions of anger, hostility, or violence.