Solved

Because _________ Grows Over Time,_________ Typically Persist Much Longer Than

Question 158

Multiple Choice

Because _________ grows over time,_________ typically persist much longer than _________.


A) potential output;recessionary gaps;recessions
B) potential output;recessions;recessionary gaps
C) actual output;recessionary gaps;recessions
D) actual output;recessions;recessionary gaps
E) inflation;recessionary gaps;recessions

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q153: When the Bank of Canada engages in

Q154: Disinflation is<br>A) negative inflation.<br>B) a substantial increase

Q155: If,at the short-run equilibrium,an expansionary gap exists,the<br>A)

Q156: Excessive aggregate demand can result in<br>A) a

Q157: Rather than being fixed,potential output is _

Q159: If the central bank moves to reduce

Q160: Inflation inertia is the result of the

Q161: In a self-correcting model of the economy,falling

Q162: When there is an expansionary gap,inflation will

Q163: According to the International Monetary Fund,Canada's potential