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-In the Above Figure, Point B Depicts

Question 421

Multiple Choice

-In the above figure, point B depicts A) a recessionary gap with real GDP less than potential GDP. B) an inflationary gap with real GDP in excess of potential GDP. C) a recessionary gap with real GDP in excess of potential GDP. D) an inflationary gap with real GDP less than potential GDP.
-In the above figure, point B depicts


A) a recessionary gap with real GDP less than potential GDP.
B) an inflationary gap with real GDP in excess of potential GDP.
C) a recessionary gap with real GDP in excess of potential GDP.
D) an inflationary gap with real GDP less than potential GDP.

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