Historical data for the United States has shown a 5% rise in the output gap to correspond to about _____ increase in unexpected inflation.
A) 8%
B) 3%
C) 1%
D) 5%
Correct Answer:
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A)there is insufficient demand.
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A)there is excess demand.
B)inflation
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A)there is excess demand.
B)inflation
Q66: Which of these choices is correct? Holding
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