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Loraine Loraine
wrote...
Posts: 4563
8 years ago
An inflationary gap is created when
A) real GDP is greater than potential GDP.
B) real GDP equal to potential GDP.
C) the inflation rate is less than potential inflation.
D) the price level exceeds the equilibrium price level.
E) potential GDP is greater than real GDP.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 193 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
SydnieSydnie
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Posts: 3807
8 years ago
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Loraine Author
wrote...

8 years ago
Just got PERFECT on my quiz
wrote...

Yesterday
Helped a lot
wrote...

2 hours ago
Good timing, thanks!
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