When there is an inflationary gap:
A)Real output exceeds the natural level of real output.
B)Real output equals the natural level of real output.
C)Real output is less than the natural level of real output.
D)Any of the above is possible.

Question

When there is an inflationary gap:
A)​Real output exceeds the natural level of real output.
B)​Real output equals the natural level of real output.
C)​Real output is less than the natural level of real output.
D)​Any of the above is possible.

Quizplus · Accepted Answer

The Answer of When there is an inflationary gap:
A)​Real output exceeds the natural level of real output.
B)​Real output equals the natural level of real output.
C)​Real output is less than the natural level of real output.
D)​Any of the above is possible.

When There Is an Inflationary Gap