For Policymakers the Problem with a Recessionary Gap Is ______

question 73

Multiple Choice

For policymakers the problem with a recessionary gap is ______ and the problem with an expansionary gap is _____.

• A) a tendency for inflation to develop; wasted resources
• B) wasted resources; a tendency for inflation to develop
• C) an increase in cyclical unemployment; an increase in structural unemployment
• D) an increase in structural unemployment; an increase in cyclical unemployment

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Definitions:

Discrimination

Unfair treatment of individuals or groups based on characteristics such as race, gender, age, or religion.

Minority Groups

Segments of a population that are differentiated from the majority through ethnic, racial, religious, or cultural identity and often experience disadvantage or discrimination.

Internet Gambling

The act of wagering on casino or sports-based activities over the internet, which has raised concerns about addiction, regulation, and legality.

Legalization

The process of making an act, substance, or behavior legally permissible under the law.