If the Turkish Central Bank forecasts a positive output gap, you can reasonably expect _____ on the horizon.

Name: If the Turkish Central Bank forecasts a positive output gap, you can reasonably expect _____ on the horizon.
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Question

Quizplus · Accepted Answer

A positive output gap indicates that actual output is higher than the potential output, which suggests a growing economy. This would typically lead to rising consumer confidence as people have more income and are more willing to spend. Therefore, the best choice is D.

If the Turkish Central Bank Forecasts a Positive Output Gap