Multiple Choice
The figure above shows a nation's aggregate demand curve,aggregate supply curve,and potential GDP.
-In the figure above,the ________ gap is one trillion dollars.To close the gap,the government can change expenditure by ________ one trillion dollars.
A) recessionary;less than
B) inflationary;exactly
C) inflationary;more than
D) recessionary;more than
E) recessionary;exactly
Correct Answer:
Verified
Correct Answer:
Verified
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