Multiple Choice
Economists believed that the U.S.economy had a (n) ____ in 2006 and 2007.
A) mild recession
B) small recessionary gap
C) small inflationary gap
D) deflationary gap
Correct Answer:
Verified
Related Questions
Q176: The economy's self-correcting mechanism appears to be
Q177: An inflationary gap exists when consumers
A)are saving
Q178: A common error of business managers is
Q179: Which of the following is evidence of
Q180: When economists refer to the economy's self-correcting
Q182: How are aggregate supply and stagflation related?
A)Stagflation
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents