The Economy Depicted in the Diagram Below Has ___________ Output

question 37

Multiple Choice

The economy depicted in the diagram below has ___________ output gap,which can be eliminated with ___________ fiscal or monetary policy

• A) a recessionary;expansionary
• B) a recessionary;contractionary
• C) an expansionary;expansionary
• D) an expansionary;contractionary
• E) an expansionary;no change in

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Definitions:

Structure

The arrangement of and relations between the parts or elements of something complex, such as an organization or a building.

Relationship

A connection, association, or involvement between individuals, whether personal, social, or professional.

Share Ideas

The act of exchanging thoughts, concepts, or visions with others to foster innovation, collaboration, or problem-solving.

Performance Problems

Issues or deficiencies in meeting the required standards or outcomes in work tasks.