When the Output Gap Is Positive, It Represents ________ Gap

Multiple Choice

When the output gap is positive, it represents ________ gap, and when it is negative, it represents ________ gap.

A) a recessionary; an inflationary
B) an inflationary; an employment
C) an inflationary; a recessionary
D) an employment; an unemployment
E) None of the above answers is correct.