True/False
If demand in the economy is too high there is an inflationary gap.
Correct Answer:
Verified
Related Questions
Q3: Withdrawals from the economy do not include:
A)
Q4: In the circular flow of income model
Q5: If planned injections are greater than planned
Q6: Which of the following is a reflationary
Q7: For an economy to be in equilibrium:
A)
Q9: Aggregate demand = C+ I + G
Q10: If aggregate demand is lower than the
Q11: In the circular flow of income, factor
Q12: The circular flow of income model shows
Q13: Injections into the economy represent:
A) Spending on
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