The existence of an inflationary gap would tend to benefit most
A)bankers.
B)retired persons.
C)unemployed workers.
D)stock owners.

Name: The existence of an inflationary gap would tend to benefit most A)bankers. B)retired persons. C)unemployed workers. D)stock owners.
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Question

Quizplus · Accepted Answer

An inflationary gap occurs when aggregate demand exceeds aggregate supply, leading to rising prices and increased economic activity. This benefits unemployed workers as it creates more job opportunities and higher wages.

The Existence of an Inflationary Gap Would Tend to Benefit