An Inflationary Output Gap Is Defined to Be When the Current

question 41

Multiple Choice

An inflationary output gap is defined to be when the current level of output is:

• A) below full employment GDP.
• B) above full employment GDP.
• C) equivalent to full employment GDP.
• D) high enough to cause an unexpected amount of inflation.

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Chemistry Test

An examination or assessment meant to evaluate knowledge and understanding in the field of chemistry.