-Refer to the Above Figure

question 82

Multiple Choice

-Refer to the above figure. If the economy is currently operating at point C, then there is

• A) deflation.
• B) a recessionary gap.
• C) an inflationary gap.
• D) unemployment.

---

Definitions:

Prospective Memory

Remembering to do something at some future time.

Historical Dates

Specific points in time that are recognized for their significant events or occurrences, often marking important moments in history.

Daydreaming

A short-term detachment from one’s immediate surroundings, during which a person's contact with reality is blurred and partially substituted by a visionary fantasy, especially one of happy, pleasant thoughts, hopes, or ambitions.

Implicit Memory

A type of memory in which previous experiences aid in the performance of a task without conscious awareness of these previous experiences.