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    Macroeconomics Principles and Policy Study Set 2
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    Exam 25: Demand-Side Equilibrium: Unemployment or Inflation
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    Figure 9-4 In Figure 9-4, Which Expenditure Level Will Cause an Inflationary
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Figure 9-4 In Figure 9-4, Which Expenditure Level Will Cause an Inflationary

Question 1

Question 1

Multiple Choice

Figure 9-4
Figure 9-4   In Figure 9-4, which expenditure level will cause an inflationary gap? A)  1 B)  2 C)  3 D)  There will be no inflationary gap.
In Figure 9-4, which expenditure level will cause an inflationary gap?


A) 1
B) 2
C) 3
D) There will be no inflationary gap.

Correct Answer:

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