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In a "Self-Regulating" Economy,inflationary and Recessionary Gaps

Question 136

Multiple Choice

In a "self-regulating" economy,inflationary and recessionary gaps


A) never occur.
B) are eliminated by forces internal to the economy, without government intervention.
C) are eliminated by timely actions of economic policymakers.
D) are the desirable results of microeconomic price adjustments.

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