Which of the following is evidence of an inflationary gap?
A) Very long lines at employment agencies
B) Very short waiting times for product delivery
C) Very low sales figures
D) Very long search times for people looking for jobs
E) Very low unemployment rates
Correct Answer:
Verified
Q174: Which of the following situations would cause
Q175: A consequence of an inflationary gap is
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
Q180: When economists refer to the economy's self-correcting
Q181: Economists believed that the U.S.economy had a
Q182: How are aggregate supply and stagflation related?
A)Stagflation
Q183: Figure 10-5 Q184: Figure 10-5 
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