A recessionary gap most likely comes from
A) a negative demand shock.
B) a negative supply shock.
C) a positive demand shock.
D) a positive supply shock.
E) OPEC.
Correct Answer:
Verified
Q188: In the loanable funds market,
A) when interest
Q189: The Global Financial Crisis of 2008 was
Q190: Rising average prices and increased unemployment most
Q191: A negative supply shock causes
A) falling average
Q192: The technology boom of the late 1990s
Q194: A positive supply shock causes
A) falling average
Q195: An inflationary gap most likely comes from
A)
Q196: Rising average prices and decreased unemployment most
Q197: When consumers save their income instead of
Q198: Falling average prices and increased unemployment most
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