When an inflationary gap exists, the job prospects of new college graduates are
A)very dim.
B)somewhat encouraging.
C)worse in comparison to a recessionary gap.
D)excellent.

Question

Quizplus · Accepted Answer

An inflationary gap indicates an economy operating above its potential, often leading to increased demand for labor and better job prospects, making the job market excellent for new graduates.

When an Inflationary Gap Exists, the Job Prospects of New