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If the Economy Is Above Full Employment,there Is ________ Gap,and

Question 138

Multiple Choice

If the economy is above full employment,there is ________ gap,and as the economy adjusts toward full employment,the price level ________.

A) a recessionary;rises
B) an inflationary;falls
C) a recessionary;falls
D) an inflationary;does not change
E) an inflationary;rises

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